Der wirtschaftliche Aufstieg Chinas ist unbestritten – noch vor wenigen Jahrzehnten galt es als Entwicklungsland. Heute ist das Reich der Mitte die zweitgrößte Volkswirtschaft der Welt hinter den USA. Im Vergleich zu seiner ökonomischen Bedeutung war Chinas Einfluss auf den globalen Finanzmarkt jedoch durch seine streng kontrollierte Kapitalbilanz begrenzt. „Obwohl die inländischen Aktien- und Anleihemärkte zu einer beträchtlichen Größe wuchsen, blieben sie von der internationalen Finanzwelt nahezu isoliert. In globalen Benchmarks oder einem typischen, internationalen Anlegerportfolio waren sie kaum vertreten. Durch die liberaler werdende Finanzpolitik des Landes verfügt der Markt über enormes Aufwärtspotenzial“, sagt Aidan Yao, Senior Economist bei AXA HA, Ljfhuhxj.
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