Filip De Mott
Filip De Mott
Markets Fellow at Business InsiderSource
Virginia, USA
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CHART OF THE DAY: Chinese growth expectations fall to 'lockdown lows,' fund manager survey says

CHART OF THE DAY: Chinese growth expectations fall to 'lockdown lows,' fund manager survey says

Our Chart of the Day is from Bank of America, which highlighted how sharply and rapidly investors' views on the Chinese economy have plunged. According to a fund managers surveyed by the bank, a net 0% estimated this month that China is geared for stronger growth over the next 12 months.Describing expectations as back to "lockdown lows," BofA noted that's a whopping plummet from February, when a net 78% of respondents anticipated a stronger economy. The latest figure is also below year-ago levels, when a net 2% of respondents saw stronger growth, and the lowest since the spring of 2022,...

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