{"id":2449392,"date":"2022-10-18T20:58:24","date_gmt":"2022-10-19T00:58:24","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2449392"},"modified":"2022-10-18T20:59:08","modified_gmt":"2022-10-19T00:59:08","slug":"a-new-cold-war-as-xi-takes-third-term-5-takeaways-for-investors","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/a-new-cold-war-as-xi-takes-third-term-5-takeaways-for-investors\/","title":{"rendered":"A New Cold War As Xi Takes Third Term? 5 Takeaways For Investors"},"content":{"rendered":"<p>The acceleration of a new Cold War has been drastically ramped-up by <a href=\"https:\/\/www.valuewalk.com\/china-may-soon-announce-gold-reserve-figures\/\">China<\/a>\u2019s president Xi Jinping on Sunday and investors need to take note, says the CEO of one of the world\u2019s largest independent financial advisory, asset management and fintech organizations.<\/p>\n<h2>Xi Jinping Takes Third Term<\/h2>\n<p>The observation from deVere Group\u2019s Nigel Green follows a major speech in Beijing at the Communist Party congress at which Xi took on an unprecedented third term at the helm \u2013 putting him on track to be leader for life.<\/p>\n\n\t<!-- Begin Mailigen Signup Form -->\n\t<script type=\"text\/javascript\">\n\t\tif (typeof jQuery == 'undefined') {\n\t\t\tdocument.write('<scr' + 'ipt type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/jquery.js\"><\/scr' + 'ipt>');\n\t\t}\n\t<\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/scripts.js\"><\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/subscribe2.js\"><\/script>\n\t<div id=\"MG-placeholder\">\n\t<style>.first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important}\n\n\tform.ebook-styles .error,\n\tform.ebook-styles #error {\n\t\tcolor:#d00;\n\t}\n\tform.ebook-styles .formfields h1,\n\tform.ebook-styles .formfields #mg-logo,\n\tform.ebook-styles .formfields #mg-footer {\n\t\tdisplay: none;\n\t}\n\tform.ebook-styles .formfields {\n\t\tfont-size: 12px;\n\t}\n\tform.ebook-styles .formfields p {\n\t\tmargin: 4px 0;\n\t}\n\t<\/style>\n<div style=\"background:#eee;display:block;overflow:hidden;margin-bottom:24px;padding:40px;\">\n<div class=\"two-thirds first\">\n<p style=\"font-size:22px;margin:0 0 10px;\">Get Our Activist Investing Case Study!<\/p>\n\t<p style=\"line-height:1.4;margin-bottom:0;\">Get The Full Activist Investing Study In PDF<\/p>\n\t<form action=\"https:\/\/valuewalk.us4.list-manage.com\/subscribe\/post?u=c3eb7a1d092fc854772c834e0&amp;id=f6f5bdb8b5\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate>\n <div id=\"mc_embed_signup_scroll\">\n \n\t\t\t\t<div class=\"af-element mc-field-group \">\n\t\t\t\t\t<div class=\"af-textWrap c1\"><input type=\"email\" value=\"\" placeholder='Email Address' name=\"EMAIL\" class=\"required af-element email\" id=\"mce-EMAIL\"><\/div>\n\t\t\t\t\t<div class=\"af-clear\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"af-element buttonContainer\">\n\t\t\t\t\t<input type=\"submit\" value=\"Subscribe\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\">\n\t\t\t\t<\/div>\n \n \n\t<div id=\"mce-responses\" class=\"clear\">\n\t\t<div class=\"response\" id=\"mce-error-response\" style=\"display:none\"><\/div>\n\t\t<div class=\"response\" id=\"mce-success-response\" style=\"display:none\"><\/div>\n\t<\/div>    <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups-->\n    <div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_c3eb7a1d092fc854772c834e0_f6f5bdb8b5\" tabindex=\"-1\" value=\"\"><\/div>\n    \n    <\/div>\n\t<\/form>\n\t<script type='text\/javascript' src='\/\/s3.amazonaws.com\/downloads.mailchimp.com\/js\/mc-validate.js'><\/script><script type='text\/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true);<\/script>\n<\/div>\n<div class=\"one-third\">\n<img decoding=\"async\" src=\"https:\/\/c2.staticflickr.com\/8\/7443\/10159650595_5b591c111a_z.jpg\" alt=\"Timeless Reading eBook\" style=\"width:100%; height:auto\">\n<\/div><\/div><\/div><!-- End Mailigen Signup Form -->\n<p style=\"text-align: center;\"><a href=\"https:\/\/valuewalkpremium.com\/q3-2022-hedge-fund-letters-database-maverick-south-point-coatue-exoduspoint-greenlight-third-point-carlson-and-much-more-updated-103\/\" target=\"_blank\"><em><strong>Q3 2022 hedge fund letters, conferences and more<\/strong><\/em><\/a><\/p>\n<div class=\"ca-widget\" data-token=\"k8f5c9ac62a4\">&nbsp;<\/div>\n<p><script async=\"\" defer=\"\" src=\"https:\/\/secure.money.com\/embeds\/embedder.js?v=1\"><\/script><\/p>\n<hr \/>\n<h4>Find A Qualified Financial Advisor<\/h4>\n<p>Finding a qualified financial advisor doesn't have to be hard. <a href=\"https:\/\/smartasset.com\/retirement\/find-a-financial-planner?utm_source=valuewalk&amp;utm_campaign=val__falc_blurb&amp;utm_content=blurb_v1\" rel=\"nofollow\" target=\"_blank\">SmartAsset's free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes<\/a>.<\/p>\n<p>Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.<\/p>\n<p>If you're ready to be matched with local advisors that can help you achieve your financial goals, <a href=\"https:\/\/smartasset.com\/retirement\/find-a-financial-planner?utm_source=valuewalk&amp;utm_campaign=val__falc_blurb&amp;utm_content=blurb_v1\" rel=\"nofollow\" target=\"_blank\">get started now<\/a>.<\/p>\n<hr \/>\n<p>He says: \u201cThe Congress, which only takes place twice a decade, is set to have a considerable impact on the global economy for years to come.<\/p>\n<p>\u201cIn order to best position themselves to create, build and maintain wealth, investors have to pay attention to the content and tone of Xi\u2019s speech.\u201d<\/p>\n<p>There are five key takeaways for investors, notes the deVere CEO.<\/p>\n<p>\u201cFirst, economic growth will be slower than in previous times. Xi reasserted China\u2019s focus away from rapid growth and towards national self-sufficiency.<\/p>\n<p>\u201cClearly, as the world\u2019s second-largest economy, this will have an enormous impact on global growth,\u201d he affirms.<\/p>\n<p>\u201cHowever, many experts insist that even with a reduced rate of growth, it is likely that China could overtake the U.S. as the world\u2019s largest economy within a decade.<\/p>\n<p>\u201cBut this will depend heavily on how it overcomes obstacles such as an aging population.\u201d<\/p>\n<p>Nigel Green continues: \u201cSecond, Xi appears to be taking an even more strident approach against the United States, his country\u2019s main superpower rival, as both nations push to become the ultimate global dominant force militarily, politically, culturally, and economically.<\/p>\n<p>\u201cBoth are battling to control security infrastructures, trade, commerce and economic systems, the development and regulation of technology, as well as international norms, practices and values.<\/p>\n<p>\u201cThere\u2019s no doubt that the antagonism between the world\u2019s two most powerful nations has become more entrenched, more explicit, and more aggressive in recent years and this was reflected in Xi\u2019s speech.<\/p>\n<p>He hammered home the party\u2019s policy of dual circulation - driving growth through domestic demand \u2013 which is a nod to decoupling from the West.<\/p>\n<h2>A New Cold War<\/h2>\n<p>\u201cTo my mind, this all sets the stage for a new Cold War, which will have a global impact.<\/p>\n<p>\u201cThe effect of a new Cold War will be even more impactful globally than that of the first because of the economic interdependence of the world\u2019s two largest economies. China and the U.S. together account for over 40% of the global economy.\u201d<\/p>\n<p>The deVere CEO adds: \u201cThird, Xi doubled down on Beijing\u2019s zero Covid policy which is of huge concern for investors. Not only is China a dominant economy, but it\u2019s also a manufacturing powerhouse, meaning investors and businesses are concerned about the continued restrictions\u2019 impact on economic activities and global supply chains.<\/p>\n<p>\u201cFourth, China will have coal and renewables working in tandem. Xi said his country will not stop burning fossil fuels until green energy can reliably and cheaply step in.<\/p>\n<p>\u201cAnd fifth, technology remains of key importance as Xi focuses on a divergence from the West in terms of tech, self-reliance and state-led initiatives.\u201d<\/p>\n<p>Investors around the world will be dissecting Xi\u2019s Congress speech for clues about how to position their portfolios, says Nigel Green.<\/p>\n<p>\u201cThe world economy, and the futures of billions of people, are going to be largely shaped by Xi\u2019s vision for the future.<\/p>\n<p>\u201cAs ever there will be winners and losers. Investors will be combing through the detail to see which asset classes, sectors and regions will benefit to readjust their portfolios to seize the opportunities.\u201d<\/p>\n<hr \/>\n<p><strong>About deVere Group<\/strong><\/p>\n<p><em>deVere Group is one of the world\u2019s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients. It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.<\/em><\/p>\n ","protected":false},"excerpt":{"rendered":"<p>The acceleration of a new Cold War has been drastically ramped-up by China\u2019s president Xi Jinping on Sunday and investors &#8230; <a title=\"A New Cold War As Xi Takes Third Term? 5 Takeaways For Investors\" class=\"read-more\" href=\"https:\/\/www.valuewalk.com\/a-new-cold-war-as-xi-takes-third-term-5-takeaways-for-investors\/\" aria-label=\"More on A New Cold War As Xi Takes Third Term? 5 Takeaways For Investors\">Read more<\/a><\/p>\n","protected":false},"author":2476,"featured_media":2427057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3439],"tags":[659187,662772,645498,659572],"states":[],"acf":[],"modified_by":"Umair Tariq","_links":{"self":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2449392"}],"collection":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/users\/2476"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/comments?post=2449392"}],"version-history":[{"count":0,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2449392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media\/2427057"}],"wp:attachment":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media?parent=2449392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/categories?post=2449392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/tags?post=2449392"},{"taxonomy":"states","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/states?post=2449392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}