China is set to become the world’s largest economy within the next decade, according to the Centre for Economics and Business Research. An expanding middle class, rising incomes and technological innovation should drive its growth, creating a strong backdrop for companies to thrive. An effective globally diversified portfolio may need to have exposure to this growth.
Fidelity China Special Situations PLC provides focused exposure to companies benefiting from this growth opportunity. New consumer spending power and increasing aspirations underpin many of the portfolio’s investments, alongside fast-growing industries such as the internet, e-commerce and healthcare.
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