Speaking to Bloomberg Television at the World Economic Forum in Davos, Tang said Asia offers both a vast source of demand and a powerful engine of innovation, with China playing a central role despite recent economic challenges. Tang said global investor sentiment towards China has improved over the past year after a period in which the market was widely viewed as 'uninvestable'. Investors are now reassessing risk and recognising the resilience of high-quality Chinese businesses, he said. He acknowledged that domestic consumption remains China's biggest risk, citing weak job creation, lingering stress in the property sector, and broader economic headwinds weighing on consumer confidence. Still, Tang said the scale of China's domestic market continues to underpin long-term investment opportunities. Innovation remains a key driver, particularly in life sciences, where Chinese companies are producing globally competitive products. Tang also expressed optimism about Hong Kong's capital...
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