For Chinese markets to bounce back, the country's domestic investors must jump back in, emerging markets veteran Mark Mobius toldTo do so, Beijing must fix the ongoing problems the country faces in its property sector while also easing debt burdens.
"Going forward, it'll be the Chinese investors who will revive the Chinese market, because at the end of the day, it's not foreign investors who drive the Chinese market. It's the Chinese investors," the Mobius Capital Partners co-founder said."And I believe they're going to be back." After shedding its COVID-era restrictions in December, China's growth accelerated in the first quarter. But the revival rapidly slowed in recent months, with data from May showing that cooling trends in production, retail sales, and investment continued from April.