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China’s consumer boom shows no sign of fatigue, says EFG’s Mok

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The twin effects of a political change and a government-designed growth slowdown will not undermine the opportunities being created by China’s booming consumer class.

That is the view of EFG Asset Management’s Mansfield Mok, lead manager on the New Capital China Equity Fund, who is basing his strategy firmly on a consumption focus.

Speaking to Citywire Global, Mok, who joined EFG from GAM in May, also said he expects consumer discretionary and automotive names to flourish as the number of middle income households grows substantially over the next 10 years.

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