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BlackRock says bullish China outlook under review: ‘We have questions now’

‘Clients are focused on geopolitics now post-Ukraine, and there is more uncertainty about where China will land on this,’ says the head of BlackRock’s Investment Institute

By David Ricketts
Ukraine, Covid and growth are all potential hurdles for China, says the head of BlackRock’s Investment Institute
Ukraine, Covid and growth are all potential hurdles for China, says the head of BlackRock’s Investment Institute Photo: AFP via Getty Images

BlackRock has put its overweight outlook on Chinese assets “under review”, with soaring Covid cases and mounting concerns about Beijing’s ties to Russia prompting the world's biggest asset manager to reconsider its view on the world's second largest economy.

“There are more questions now,” Jean Boivin, head of the BlackRock Investment Institute told Financial News.

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