China: An update on the market and government policy

May 2011. After disappointing performance in 2010 and the first quarter of 2011, Chinese equities have only recently started to outperform regional markets. In this paper, we aim to investigate the reasons for the poor performance in 2010 and to analyse the implications of recent government policy announcements on the stock market. We believe that after the recent focus on developed markets, the investment case for Chinese equities looks appealing once again. (Read more)