As my colleague Dave Baxter pointed out earlier in the summer, betting on China remains a pursuit for the more adventurous investor. The economy’s recovery from Covid-era restrictions has proved disappointingly sluggish, and years of rapid regulatory and geopolitical changes have left many buyers burnt.
For those who are less intrepid, news of October's market rally might have been greeted with a shrug. But you don’t have to be directly invested in China to care about the latest moves.