The idea that investment opportunities in China have met their demise is probably overhyped, said Jenny Johnson, president and chief executive officer at global investment management firm Franklin Templeton.
"There is a lot of pessimism built into the pricing," she said at a session at the Forbes Global CEO Conference in Singapore.
Johnson, who led Franklin Templeton's acquisition of Legg Mason in 2020, resulting in a combined organization that now has $1.5 trillion in assets, sees desire in China to have more independence in energy and food security. Johnson's comments came as global investors have reduced their appetite for China, discouraged by the country's faltering economic recovery and tensions with the West.
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