-
Advertorial
-
FOCUS
-
Guide
-
Lifestyle
-
Tech and Vogue
-
TechandScience
-
CHTF Special
-
Nanshan
-
Futian Today
-
Hit Bravo
-
Special Report
-
Junior Journalist Program
-
World Economy
-
Opinion
-
Diversions
-
Hotels
-
Movies
-
People
-
Person of the week
-
Weekend
-
Photo Highlights
-
Currency Focus
-
Kaleidoscope
-
Tech and Science
-
News Picks
-
Yes Teens
-
Budding Writers
-
Fun
-
Campus
-
Glamour
-
News
-
Digital Paper
-
Food drink
-
Majors_Forum
-
Speak Shenzhen
-
Shopping
-
Business_Markets
-
Restaurants
-
Travel
-
Investment
-
Hotels
-
Yearend Review
-
World
-
Sports
-
Entertainment
-
QINGDAO TODAY
-
In depth
-
Leisure Highlights
-
Markets
-
Business
-
Culture
-
China
-
Shenzhen
-
Important news
在线翻译:
szdaily -> Business_Markets -> 
Trade war shouldn’t scare investors: BlackRock
    2018-07-20  08:53    Shenzhen Daily

AN escalating trade war between the United States and China shouldn’t scare long-term investors in the region because economies tend to adjust to such tensions, according to BlackRock Inc. executives.

“It’s that adjustment that’s painful,” Mark Wiseman, global head of active equities, said Wednesday at a press briefing in New York. “If you take a 10-year view on the Chinese economy, from an economic perspective it will smooth itself out.”

U.S. President Donald Trump has threatened to impose tariffs on an additional US$200 billion of Chinese goods. If the administration sees it through, stocks could drop 10 percent to 15 percent, BlackRock chief executive officer Larry Fink said earlier this week.

China’s economy is experiencing a historic opening to the rest of the world. More than 200 Chinese large-cap domestic stocks gained inclusion to emerging-market indexes from MSCI Inc. after being denied entry for years. The inclusion of these A shares, previously only available to Chinese investors, is a mark of mainstream financial legitimacy.

Greater alternative investment opportunities may arise in real estate, private equity and private credit in China, Wiseman said.

Index inclusion in many emerging markets “strengthens the recognition of public market multiples,” said Martin Small, head of U.S. iShares, the asset manager’s exchange-traded fund business. “Public market multiples are really important to how people think about making allocations in private markets, particularly in private equity.”

BlackRock’s total assets under management were US$6.3 trillion as of June 30. (SD-Agencies)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn