6.37 Is The Chinese Snowball Getting Bigger? | Nucleus Investment Insights

Published: Aug. 31, 2023, 6:18 a.m.

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This week we delve into the world\'s largest asset class. Alarming economic data has sparked investor jitters, but imbalances have existed for a decade or more.\\n\\nOver the past 15 years, China\'s construction frenzy has reached historic proportions. The trigger point is elusive, akin to predicting an avalanche. Conditions are ripe for a seismic shift, this week we ask the big question: Why now?\\n\\nPart of the answer lies in the developers. But the big names of Country Garden and Evergrande aren\'t exceptions; they mirror the industry. China\'s top developers grapple with four massive challenges.\\n\\nThen we look at macro construction stats. Something\'s off. The numbers just don\'t add up.\\nCan infrastructure fill the gap? How much bigger can China grow that spending?\\n\\nWe also consider shadow banking issues, fading hopes of a consumer-led rescue and financial repression\'s paradox.\\n\\nThis is China\'s fourth attempt at breaking its property addiction\\u2014stakes are rising.\\n\\nJoin us in this week\'s podcast as Nucleus Wealth Chief Investment Officer Damien Klassen and Senior Financial Adviser Samuel Kerr dig into the arguments and look at the evidence.\\n\\nAgenda:

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  • Biggest asset class in the world
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  • Property Developers
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  • Macro construction stats
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  • Infrastructure to the rescue?
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  • Shadow banks
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  • Consumers to the rescue?
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  • Financial repression can\\u2019t be a cause and a cure
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  • Latest Data
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  • Investment Outlook\\n
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Nucleus Wealth is an Australian Investment & Superannuation manager that can help you reach your financial goals through transparent, low-cost, ethically tailored portfolios. To find out more head to\\xa0Nucleus Wealth Website.

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The information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796

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\\nResponsible Investing Disclaimer
Nucleus Wealth offers all investors the option to tailor their investment portfolios according to the investor\\u2019s own brand of personal ethics. While Nucleus Wealth maintains ethical standards of integrity, honesty and reliability, it does not seek to impose these on its investors. Rather, Nucleus Wealth offers investors a system of investment that incorporates three core strategies: (i) customisable; (ii) transparent; and (iii) safe. Within this, investors are given the ability to customise their investments insofar as it aligns with their ethical preferences, rather than that of the fund manager, by using screens and tilts. Once the investor\\u2019s portfolio has been adjusted, Nucleus Wealth provides the investor with a company profile, access to performance dashboards and detailed monthly performance reports of each company within the investor\\u2019s portfolio to further inform the investor on their investment decision and the company\\u2019s ethical standing as it aligns with the screens and tilts opted for. Nucleus Wealth utilises a number of domestic and international sources to identify whether companies from particular countries or sectors fall within the categories of screens and tilts which the investor may choose to apply. While Nucleus Wealth undertakes its own fundamental analysis on each company, there is also the risk that investors could reach a different conclusion to Nucleus Wealth on whether a company falls within the frame of responsible filters being applied. For more information visit\\xa0Nucleus Wealth\'s responsibility-related statements.

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