Dispelling the ‘Uninvestible’ Myth: China’s Underrated Surge in Bonds and Stocks

The final months of 2024 witnessed a flurry of unexpected outperformance of US growth stocks vs value stocks, overshadowing one of the largest divergences in global bond yields in years. While headlines fixated on Tesla’s ballooning market cap and crypto mania, China’s fixed-income and equity markets quietly posted strong performances—challenging the widespread notion of a faltering economy. This article explores how these developments may reshape institutional rebalancing and highlights why overlooked opportunities in China could alter familiar investment playbooks going into 2025.