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China offers good long-term investments, expert claims
Thu, 07 Aug 2008
China's economic strength will boost investments in the country long after the Olympic Games, one expert has claimed.

Christian Deseglise, global head of emerging markets at HSBC Global Asset Management, explained that strong domestic consumption and investment will continue to drive the Chinese stock market forward for sometime to come.

He explained that while global volatility will affect China, investments in the country are well placed to weather the storm.

Mr Deseglise said: "Certainly, the slowdown in US demand has been more than offset by strong demand from emerging markets.

For instance, while China's exports to the US rose by only 8.6 per cent in the first six months from a year earlier, exports to India surged 52.4 per cent during the same period."

Yesterday, iShares announced that it is to start offering investors a new range of fixed-income investment funds .

The new products will be managed by Barclays Global Investors.
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