China Icebergs: Forces That Could Reshape the World

Based on research from:
The Economist Intelligence Unit

China Icebergs:
Forces That Could Reshape the World

PineBridge Investments is excited to present a bespoke study, written by The Economist Intelligence Unit, examining China's "icebergs" and uncovering burgeoning trends about to break through.

Bespoke Study
China Icebergs: Forces That Could Reshape the World

What do flying driverless taxis, disease diagnoses by artificial intelligence, and ride-hailing mobility services have in common? They’re existing businesses breaking the surface of China’s fast-growing consumer driven market – with the potential to drive change across the world.

China’s growth story is irresistible. Everyone has seen the hockey-stick growth charts. But the sprint from a near-zero share of the world economy to the current 15%1 can be difficult to grasp from outside perspectives.

PineBridge Investments presents a bespoke study, written by The Economist Intelligence Unit, uncovering burgeoning trends, firms, and drivers about to break through the surface – and why having onshore expertise is critical.

Exclusive Interview
China Icebergs: A Path of Evolution

Featuring Chibo Tang, GP for the Alibaba HK Entrepreneurs Fund

Whether it’s companies trying to address the Chinese market, or Chinese entrepreneurs bringing business models to markets elsewhere, Chibo Tang, Partner at Gobi Partners, General Partner for the Alibaba HK Entrepreneurs Fund, shares what China’s evolving labor force, emerging middle class, and advanced digitization means for growth – from the country’s budding tier 2 and 3 cities to the rest of the world.

Opportunities Under the Surface

Like icebergs, there are deeper trends today that have the potential to create vast opportunities as they fully come to the surface. Here, we explore where these trends could take China and the world.

Iceberg #1

The Rise of New Growth Centers
In China, even small cities are big, with nearly 300 of them hosting populations of 1 million or more.

Half the population will reside in cities by 20502

Half the population will reside in cities by 2050

Exclusive Interview
From Onshore Trends to Onshore Opportunities

Featuring Hanqing Tian, CIO of Huatai-PineBridge – one of China’s largest active quant managers

Today, China’s contribution to global GDP is second to none.5 China’s shift to a new economic era, combined with increasingly liberalizing capital markets, is presenting unprecedented opportunities for investors, particularly in alpha generation.

Watch as Hanqing Tian, chief investment officer of Huatai-PineBridge, one of China’s largest active quant managers, showcases the exciting trends unfolding in this market.

Additional Resources
Capturing Onshore China A-Share Opportunities

Investment Opportunity - China A-Shares
Investment Opportunity:
Uncovering Opportunities in China A-Shares

The plethora of investment opportunities in China’s US$6.8 trillion A-share market is undeniable.
Strategy Spotlight - China A-Shares
Strategy Spotlight:
PineBridge Onshore China A-Shares Strategy

Our alpha strategy is tailored for China’s unique market and managed with onshore investment professionals.
Investment Team Profile - China A-Shares
Investment Team Profile:
Global Reach Meets Onshore Expertise 

Managed with our joint venture, Huatai-PineBridge, the onshore investment team brings global investment experience and a deep understanding of local market drivers.

1 Economist Intelligence Unit, as of 30 June 2019.

2 UN World Urbanization Prospects 2018.

3 Source: Economist Intelligence Unit 2018 estimates.

4 US Census Bureau, as of 1 July 2018.

5 IMF, 31 January 2019.

Source for the Best Emerging Paper 2019 Award: Savvy Investor as of 09 December 2019. Based on a list of over 500 of the highest rated, most read and member-nominated papers on Savvy Investor, which are then analysed in detail to select winners in each category. For further information on the KPIs used to assess Content Quality, please see p19 of Investment Content Quarterly report published by Savvy Investor.

Any opinions, forecasts and forward-looking statements are valid as of the date indicated and are subject to change. For illustrative purposes only. We are not soliciting or recommending any action based on this material. Views are based on third-party data that has not been independently verified.