Sunil Garg, MD and CIO of Lighthouse Canton, joined Chery Kang and Martin Soong on CNBC Squawk Box Asia to share insights on China’s evolving economic landscape
Sunil highlighted that China retains strong bargaining power in global trade and since the middle of last year, has started to show signs of recovery from depressed levels. Key progress is visible in consumption, easing deflation pressures, and the resilience of its technology sector, where Chinese firms are emerging as real competitors to US tech giants.He emphasized that the real challenge lies in restoring consumer confidence rather than liquidity. Structural measures such as supporting real estate and creating jobs will be vital in sustaining momentum. While skepticism persists, a cyclical, sequential recovery is already taking shape.
Watch the interaction below
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