With the relaxation of pandemic restrictions in China, mobility and activity are expected to increase this year, boosting the global economy. So, investors could look to buy discounted and fundamentally strong China stocks FinVolution Group (FINV), LexinFintech Holdings Ltd. (LX), and Tarena International, Inc. (TEDU).
The main development has been the reopening of China, where surging consumption is boosting growth across the region despite weaker demand from the rest of the world. KPMG China’s economists have forecast 5.7% GDP growth for 2023.
