China has been one of the fastest-growing economies for several decades, but this growth was halted following the country’s strict pandemic restrictions. With China taking a U-turn in December 2022, abandoning many restrictions, apparently in response to protests, the economy is well-positioned to rebound strongly.
Therefore, it could be wise to buy fundamentally strong China stocks Vipshop Holdings Limited (VIPS), New Oriental Education & Technology Group Inc. (EDU), and Weibo Corporation (WB). These stocks are rated B (Buy) in our proprietary POWR Ratings system.
