National pride and China’s dual circulation policy bode well for the auto sector, as well as for consumer brands such as sportswear, cosmetics, skincare and infant milk formula, says Credit Suisse.

National pride and China’s dual circulation policy bode well for the auto sector, as well as for consumer brands such as sportswear, cosmetics, skincare and infant milk formula, says Credit Suisse.
Portfolio manager William Yuen has also trimmed down positions in “new economy” stocks.
Digitalisation, premiumisation, experience, urbanisation and wellness are driving the Asia consumption story.
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