The biggest challenge for long-term investors is how to keep ahead of inflation, with sharply rising prices having become a global problem. The China market (MSCI China) is currently trading at historical lows, with a price-earnings ratio (PER) of 10 times. The long-term growth potential of the country remains intact. As long-term investors, we decided to stay put with our strategy — which is forgoing short-term opportunities for long-term growth — instead of employing short-term tactical plays. That enabled PAXJ to avoid the worst of the decline in China stocks.

Source: The Edge Markets May 16, 2022 18:10 UTC