China's Politburo Intends To Actively Expand Domestic Demand, Including Boosting Consumption Of Auto, Electronics, And Household Products, And Promoting Tourism Consumption
Portfolio Pulse from Charles Gross
China's Politburo plans to actively expand domestic demand, including boosting consumption of auto, electronics, and household products, and promoting tourism consumption.
July 24, 2023 | 9:25 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
China's Politburo's plan to boost domestic demand could potentially impact the iShares China Large-Cap ETF (FXI), which includes companies in the auto, electronics, and household products sectors.
The Politburo's plan to boost domestic demand, particularly in the auto, electronics, and household products sectors, could lead to increased revenues for companies in these sectors. As FXI includes large-cap Chinese companies from these sectors, it could potentially benefit from this policy.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80