What's Going on in China?
Seafarer's Andrew Foster explains what led to the recent stock market volatility and what it means for the country's economy.
After a stunning rally over the last year, Chinese shares have been on a roller coaster in recent times. To get a read on the situation, we checked in with Andrew Foster, manager of Seafarer Overseas Growth and Income Fund (SFGIX), which has been included by Morningstar analysts on a shortlist of young funds to watch.
Question: We have seen Chinese shares rally over the last year, and then, of course, we've seen some sharp sell-offs in recent times and some volatility in both directions. Let's start with the rally first. Over the last year, what has caused Chinese shares to move up so quickly?
Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.