China: Supreme superpower or failing factory of the world?

Since 1978, China has been a major part of the emerging markets sector but is China now more likely to be heading towards a lost decade and is it time to reevaluate longer-term investment? China's GDP grew by 5.3% year on year in the first quarter of 2024, above market expectations.  Over a longer timeframe, China is likely to remain an important cog in the global economy, but the economics, politics and demographics need to stabilise to restore the sector to its former glory and reinvigorate investor interest.