This podcast delves into insights from economist Fu Peng's seminar on global economic trends. Peng notes that since 2016, the world has undergone significant changes, with a rise in right-wing populism that has disrupted global cooperation and economic stability. He points out that China may face an economic slowdown due to falling demand and a diminishing middle class, challenging the idea of uninterrupted growth. Peng recommends that investors tread lightly when considering heavily government-backed Chinese industries, suggesting instead to focus on businesses that serve the affluent, the impoverished, and those catering to both young and older consumers. The podcast also discusses the conclusion of the low-interest-rate era, underlining the need for informed and flexible investment strategies.
