So many clouds are darkening the outlook for Chinese stocks that the odd ray of light can be hard to spot.
But if and when the turbulence created by the US-China trade war and a slowing Chinese economy starts to abate, investors will be at liberty to chase more positive narratives.
One of these storylines is China’s rapid adoption of 5G telecoms equipment, which experts say will usher in an era of superfast connectivity and lead to the digitalisation of many walks of life.
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