Is China open for business?

CHINA ADVISORY - Report 16 Oct 2025 by Andrew Collier

China’s rising equity markets and the improving atmosphere in US-China relations is convincing some foreign funds to return to China. They are also attracted to the success of companies such as DeepSeek and BYD and the expansion of robotics, which suggest China’s economy is improving. However, I would caution that this is likely to be a short-lived boom resulting from liquidity flows, the nature of state support, and domestic economic constraints.

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