The CEO of OCEANE Invest, Antony Sassine, said that the Chinese economy continues to show signs of strength supported by the recovery of exports, which enhances the chances of achieving growth targets for the year. He pointed out that the strong performance of exports of electric vehicles, infrastructure, and AI-related equipment reflects China's growing competitiveness in global markets.

In an interview with Al Arabiya Business, Sassine explained that exports of electric vehicles to Europe recorded remarkable growth exceeding 15%, while exports to Germany doubled compared to last year. Additionally, there is continued growth in exports of electronic equipment and infrastructure related to AI technologies, making China strongly compete with markets such as Taiwan and South Korea.

He added that the rise in Chinese imports is a positive indicator of improving domestic demand, an element that markets had been anticipating to support the economic recovery. However, he warned that China may face political reactions from Europe if exports continue to grow at this pace, through the imposition of restrictions or trade measures that limit Chinese imports.

Regarding the Hong Kong market, Sassine explained that the recent measures taken by the Chinese authorities targeted some brokerage firms that used irregular channels for transferring funds. He stressed that the official investment channels between mainland China and Hong Kong continue to operate normally and have not been affected.

He pointed out that the decision had a temporary impact on technology and internet stocks, such as Tencent and Alibaba, due to fears of a return of regulatory restrictions, but he stressed that these concerns are exaggerated.

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