Sectors

Ulrich adopts cautious tone on China growth

Date: 24 Feb 2010

In contrast to her stance a year ago, J.P. Morgan’s chairman of China equities and commodities Jing Ulrich admits she is cautious about China’s growth prospects because of likely monetary tightening and a ‘monumental’ property bubble.

Keywords (click to search): [Jing Ulrich] [J.P. Morgan] [China] [Foreign Correspondents Club] [Hong Kong]

Aaron Pan

Exactly a year ago, renowned China watcher Jing Ulrich was delivering a speech at the Foreign Correspondents’ Club in Hong Kong, telling everyone why she was bullish on China growth amidst the uncertainty of the global financial crisis.

Almost immediately afterwards, the nation’s markets launched into a rally that was to last for much of the year on the back of the government’s Rmb4 trillion (US$585 billion) stimulus package.

Back at the same venue today (February 24), J.P. Morgan’s chairman of China equities and commodities told the audience that she was still...

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