The Chinese economy began to recover after the easing of the stringent lockdowns. China’s Ministry of Finance is considering allowing local governments to sell 1.5 trillion yuan ($220 billion) of special bonds for infrastructure spending in the second half of 2022.
The Chinese government aims to renew its economy by accelerating infrastructure investment and achieving a 5.5% GDP target. Furthermore, China seems to be easing its crackdown on the technology sector. These factors act as catalysts for Chinese stocks.
