Investors more cautious about China exposure

Large investors such as pension funds and insurance companies have indicated in a survey that they are currently more cautious about expanding their China exposure, Financial Times reported. A survey of more than 200 asset managers found that 12 percent plan to reduce their exposure to China. In 2019 when the survey was last conducted, the figure was only at four percent. However, 64 percent of asset managers questioned said they planned to expand their China exposure. In 2019, this number was 80 percent.