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BlackRock cuts China equities exposure

The US fund manager is shifting emphasis from a macro to a stock-selection approach, highlighting opportunities in specific sectors.
BlackRock cuts China equities exposure

BlackRock has reduced its weighting to China equities considerably since six to nine months ago on uncertainty about what will drive the country's economic growth in the coming years. This follows a 30% rally on the CSI 300 index between the fourth quarter and its peak in February.

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