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Cornerstone Blog Sustainable investment wave in China to continue, thanks to Beijing’s climate policy support, says Morningstar

Sustainable investment wave in China to continue, thanks to Beijing’s climate policy support, says Morningstar

May 12, 2021 by Cornerstone International Group Leave a Comment

A surge of Chinese investment in mutual funds with 

a sustainability focus

 driven by money flooding into the electric car sector is likely to be sustained this year,

according to funds research and management firm Morningstar.

Major policies announced by Beijing last year to drive 

decarbonisation

 in industry will benefit product and solution providers, said Chloe Qu,

the Shenzhen-based manager research analyst at Morningstar China.

“As the Chinese government has taken a proactive stance on tackling climate change and announced national policies, [we]

expect increasing investor interest in the long term growth of [decarbonization] related sectors, such as electric vehicles and renewable energy,” she told the Post.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #china, #sustainableinvestment

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