Blackrock on China

https://www.blackrock.com/investing/literature/whitepaper/bii-global-macro-outlook-june-2018.pdf

This report helps a bit … while superficial  data brush (it’s free afterall) … their summary that a) growth deceleration is not that bad, b) the economic policy transition to consumption is working (while early), c) tech and consumer companies do not carry the same level of troubled debt that manufacturers carry, and d) the trade war is the biggest risk.

This has not changed my favorable long term view on both China technology and Tencent specifically

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