How China is leapfrogging the West

Livewire Exclusive

Livewire Markets

Mobile payment penetration in China is over 80%, well ahead of the West. So ubiquitous is the technology that beggars on the street often use QR codes rather than asking for change. Michael Roberge, Co-Portfolio Manager for Paradice Investment Management’s Global Emerging Markets Fund says that large, innovative companies like Alibaba and Tencent are “changing the game” for payments in China.

“Payments are just one example of the innovation that’s taking place. It’s actually outpacing the West and creating unique investment opportunities for us.”

Here, Roberge discusses some of these unique opportunities, while Co-Portfolio Manager, Edward Su explains what developments could see them become more cautious about investing in China.

The Paradice difference comes down to accountability, alignment, experience and performance. Click follow here for more investment ideas.

1 contributor mentioned

Livewire Exclusive
Livewire Markets

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment