Spreading the Wealth: Investing in Xis China
China\u2019s increase in regulations over the past year has led to market value losses of more than US$1 trillion and raised doubts about the country\u2019s commitment to a market-based economy. Many of the regulations, however, aim to address structural issues, especially growing income inequality. As China pushes for \u201ccommon prosperity,\u201d we believe the country can achieve more sustainable growth, and investors can uncover some compelling opportunities.