- China's economy has experienced challenges in its real estate market and is currently under pressure
- The United States is pulling back in certain areas, affecting its trade relationship with China
- The sale of advanced semiconductors and AI chips to China for military advantage is being restricted
- Investors are questioning whether China is still the preferred destination and looking at other Asian countries as alternatives
- Japan, Taiwan, Korea, and India have seen positive economic growth and investment.

We take a look at China's growth versus the rest of the world.
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Until recently it was an economic miracle having grown its economy more than any nation in history.

But recently things have gotten a bit rougher for the rising Middle Kingdom led by challenges in its huge real estate market.

The commercial real estate market in China has had had a huge policy correction.

And I think we are at the bottom of the market.

But it will take quite a while for that market to recover and regain momentum

It's to be acknowledged that the current state of the economy is under pressure in China.

And that's also something that we see coming back through in our results.

And it doesn't help that its main economic rival the United States is pulling back at least in some areas like high tech.

So we intend to continue with a major trade relationship with China.

But we have said and this is the small yard high fence the de-risking strategy that we are not going to permit the sale of advanced semiconductors AI chips into China that could be used for military advantage by the PLA

which raises questions for investors about whether China is their go to destination as it once was or whether other places in Asia may offer more attractive alternatives.

I think that you think some other signs of life in other places like Japan is doing much better.

I think some of the emerging markets outside of China have done relatively well.

Money has flowed into in fact this year into Taiwan into Korea into into the rest of the emerging world, but particularly India has been the biggest beneficiary.


Speaker 0: China. Until recently it was an economic miracle having grown its economy more than any nation in history.

Speaker 1: China is not just a rising power. China has risen. China is now seriously rivaling the U.S. In virtually every domain.

Speaker 0: But recently things have gotten a bit rougher for the rising Middle Kingdom led by challenges in its huge real estate market.

Speaker 2: The commercial real estate market in China has had had a huge policy correction. And I think we are at the bottom of the market. But it will take quite a while for that market to recover and regain momentum

Speaker 0: which is spread to the broader economy.

Speaker 3: It's to be acknowledged that the current state of the economy is under pressure in China. And that's also something that we see coming back through in our results.

Speaker 0: And it doesn't help that its main economic rival the United States is pulling back at least in some areas like high tech.

Speaker 1: So we intend to continue with a major trade relationship with China. But we have said and this is the small yard high fence the de-risking strategy that we are not going to permit the sale of advanced semiconductors AI chips into China that could be used for military advantage by the PLA

Speaker 0: which raises questions for investors about whether China is their go to destination as it once was or whether other places in Asia may offer more attractive alternatives.

Speaker 4: I think that you think some other signs of life in other places like Japan is doing much better. It's done much better this year. I think some of the emerging markets outside of China have done relatively well.

Speaker 1: Money has flowed into in fact this year into Taiwan into Korea into into the rest of the emerging world, but particularly India has been the biggest beneficiary.

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China's Fading Economic Miracle