China's continued rise was supposed to be one of the largest stories of the early 21st century. Powered by a rising middle class, double digit GDP growth, and a soaring tech scene, everything seemed to be coming together to create an amazing opportunity for growth.
Fast forward a few years and things have slowed down. The main Chinese stock market index is down over 40% over the past five years and even name-brand Chinese tech companies have taken a hit:
- Tencent (TCEHY 0.35%) is down over 25% from all-time highs.
- Alibaba (BABA 2.14%) is down around 15% from all-time highs.
- Baidu (BIDU 0.04%) is down roughly 60% from all-time highs.
The macro picture in China seems to have shifted, and the trade war with the U.S. has tangled an already complicated story.
In this video from our YouTube channel, we explain how the trade war and tariffs might impact Chinese companies and share the Chinese stocks that we like best.
