85% of the world's first choice for fund managers to invest in China's stock market

Investment bank Merrill Lynch released the latest fund manager survey in November showed that the government's fiscal policy to stimulate the positive impact of China's stock market in Asia and emerging markets within the framework of the most favored by investors. Merrill Lynch in the Nov. 7-13 carried out the survey, 536,000,000,000 U.S. dollars manages assets of 180 fund managers participated in the survey of global fund managers, and manages assets 334,000,000,000 U.S. dollars of the 149 fund managers participated in the Asian and emerging Market research. Survey shows that 85% of fund managers believe China's economic growth in the coming year will continue to slow down, but in the global economy against the backdrop of generally downward, Asia and emerging markets, Chinese investors still preferred stock. "China is now Asia is seen as the only policy to stimulate the drop in oil prices and the benefit of the country." Merrill Lynch chief global emerging markets equity strategist Michael Harnett said. "BRIC" (India, Brazil, Russia and China) of the stock market, 47% of fund managers in the coming year, said the investment of choice for China's stock market, the proportion is much higher than in October survey of 13%. At the same time, because of the recent Asian and European markets increased risk, many investors turned to U.S. stock holdings. U.S. stock holdings, said the proportion of respondents were higher than those to reduce the proportion of 36 percent for the past 10 years the maximum. While the governments in order to avoid an economic recession, including the introduction of financial incentives, to cut interest rates and inject liquidity to the market, and other initiatives, but investors do not seem to "foot the bill." Survey shows that 84% of the respondents believe that the global economy already in recession, 87 percent of that decline may continue in the coming year, 40 percent of the view that monetary policy remains tight. The global economic downturn has affected the respondents were in the coming year's expected growth in corporate profits. Investigation revealed that as high as 89% of the respondents believe that global corporate earnings growth will be lower than 10%. At the same time, all the respondents expected the world's emerging markets corporate earnings growth will slow down the growth rate is expected to less than 10% up to 87%.