Goldman says AI could be a $200 billion game-changer for China markets. But here’s why investors shouldn’t rush in. - MarketWatch
1. Goldman Sachs raises target for CSI 300 to 4,700, indicating 19% upside. 2. AI adoption may boost China's EPS by 2.5% annually, encouraging $200 billion inflows. 3. China needs policy stimulus to navigate macro challenges for sustainable growth. 4. CSI 300 outperformed S&P 500 in 2023 with a 14% return, yet risks persist. 5. Optimism around AI could lead to $3 trillion market cap growth for China stocks.