At the start of 2023, it was widely believed that the Chinese economy, and, by virtue, global funds that invest in China, would see a rise in their values after the country scrapped its zero-COVID policy and opened its doors.
But a series of crises made headlines in China and the year ended pretty badly for it.
As per a Reuters report, China stocks fell sharply on January 17 after data showed that China's economy grew 5.2 percent in the fourth quarter from a year earlier, missing analysts' expectations slightly.