Catherine Yeung, Investment Director at Fidelity International, shares her insights on trade in the Asia-Pacific region, the shift to value stocks, and the progress and impact of the vaccine rollout in this region. In 2019 and 2020, returns in China were underpinned by a narrow rally in key sectors such as biotech and big tech. Catherine says there seems to be a pull of the pendulum back to some of the big Tech household names to some degree. She notes that China is moving away from traditional e-commerce to a more interactive e-commerce platform. Catherine discusses debt markets, noting that the main concern is inflation and the argument of whether it will be transitory or permanent. She believes the U.S.-China relationship and the competitiveness between these two nations are not going away anytime soon. Therefore, we are going to have periods of volatility as these trade negotiations play out.

Recorded on May 28, 2021.