Recent changes in China’s economic policies have added increased volatility for the U.S. equity market and specifically for company’s such as Apple (AAPL, Financial) and Intel (INTC, Financial) which have a high level of sales revenue exposure to China. In a recent interview, David Loevinger of TCW discussed his view on China and its recent economic policy changes. According to Loevinger, China’s economy does not seem to be headed for a hard landing. Despite the volatility created from its recent policy changes, it appears the country is on track to become more competitive over the long-term.
Policy Changes Should Help China Over the Long Term
Country seems to be on track to be more competitive in the future
Aug 31, 2015
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