Wellington Management plans to expand investment in China, targeting sectors like renewable energy, healthcare, and AI.
US-based investment firm Wellington Management plans to expand investment and client coverage in China, citing numerous opportunities in the Chinese market. Despite potential higher inflation and slower global growth, China's unique economic characteristics offer a relatively high GDP growth rate, making it attractive for investment. Wellington Management sees potential in sectors such as renewable energy, healthcare, and artificial intelligence.
March 28, 2024
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