{"id":154312,"date":"2026-08-10T11:23:49","date_gmt":"2026-08-10T11:23:49","guid":{"rendered":"https:\/\/am.meltedhouse.digital\/emerging-markets-china-strategy\/"},"modified":"2026-08-26T13:07:13","modified_gmt":"2026-08-26T13:07:13","slug":"emerging-markets-china-strategy","status":"publish","type":"page","link":"https:\/\/alpinemacro.com\/fr\/emerging-markets-china-strategy\/","title":{"rendered":"Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine"},"content":{"rendered":"\n<section class=\"oe-section oe-background-secondary oe-hero-section-image-mask oe-hero-gbv2 oe-pointer-glow gb-element-dc77c9b5 break-out\" style=\"--inline-bg-image: url()\">\n<div class=\"oe-container oe-light oe-flex oe-flex-column oe-gap-medium oe-position-relative oe-motion-stagger gb-element-9a025c16\"><!--blockstudio\/alpine\/breadcrumbs--><nav class=\"am-breadcrumbs am-breadcrumbs--inherit am-breadcrumbs--collapse am-breadcrumbs--float am-breadcrumbs--float-nomobile\" aria-label=\"Breadcrumb\">\n\t<ol class=\"am-breadcrumbs__list\">\n\t\t\t\t\t<li class=\"am-breadcrumbs__item\">\n\t\t\t\t\t\t\t\t\t<a class=\"am-breadcrumbs__link\" href=\"https:\/\/alpinemacro.com\/fr\/\">Accueil<\/a>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<li class=\"am-breadcrumbs__item\">\n\t\t\t\t\t\t\t\t\t<a class=\"am-breadcrumbs__link\" href=\"\/fr\/products-and-services\">Produit<\/a>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<li class=\"am-breadcrumbs__item\">\n\t\t\t\t\t\t\t\t\t<span class=\"am-breadcrumbs__current\" aria-current=\"page\">Alpine Macro<\/span>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t<\/ol>\n<\/nav>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"BreadcrumbList\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/alpinemacro.com\/fr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Produit\",\"item\":\"\/fr\/products-and-services\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Alpine Macro\",\"item\":\"https:\/\/alpinemacro.com\/fr\/wp-json\/wp\/v2\/pages\/154312\"}]}<\/script>\n\n\n<div class=\"oe-gap-hero-grid gb-element-e2206a75\">\n<div class=\"oe-flex-between oe-flex-column oe-gap-grid\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div>\n<div class=\"gb-text oe-text-uppercase oe-badge oe-motion oe-motion-fade-up uk-badge\">ProduIT<\/div>\n<\/div>\n\n\n\n<div class=\"oe-container-small oe-container-align-left oe-flex oe-flex-column oe-gap-medium oe-content-remove-margins\">\n<h1 class=\"gb-text oe-heading oe-h1 oe-motion oe-motion-fade-up\">Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine<\/h1>\n\n\n\n\n\n<div class=\"oe-motion oe-motion-fade-up\">\n<a class=\"gb-text oe-button oe-button-primary\" href=\"\/fr\/trial-access\">Demander un acc\u00e8s d\u2019essai<\/a>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"oe-gap-grid oe-grid-inner-dividers oe-grid-inner-dividers--light oe-motion oe-motion-fade-up oe-border-radius-base\" style=\"--oe-grid-columns-desktop: 3; --oe-grid-columns-tablet: 1; --oe-grid-columns-mobile: 1; --oe-grid-item-background: var(--oe-color-secondary);\">\n<div class=\"oe-padding-base\">\n<span class=\"gb-text oe-text-2xlarge oe-text-bold\">3x<\/span>\n\n\n\n<p class=\"gb-text oe-text-neutral\">Rapports hebdomadaires par mois<\/p>\n<\/div>\n\n\n\n<div class=\"oe-padding-base\">\n<span class=\"gb-text oe-text-2xlarge oe-text-bold\">Trimestriel<\/span>\n\n\n\n<p class=\"gb-text oe-text-neutral\">Strat\u00e9gie de r\u00e9partition des actions des march\u00e9s \u00e9mergents<\/p>\n<\/div>\n\n\n\n<div class=\"oe-padding-base\">\n<span class=\"gb-text oe-text-2xlarge oe-text-bold\">Mensuel<\/span>\n\n\n\n<p class=\"gb-text oe-text-neutral\">Recueil de graphiques th\u00e9matique \u2013 Suivi de la Chine<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"gb-element-e5ca07b0\">\n<!--\n  Alpine Macro \u2014 Global Strategy \"model snapshot\" \u2014 WordPress embed snippet\n  ============================================================================\n  Paste this WHOLE snippet into a Custom HTML block.\n\n  - 3D tilt lives on the HTML wrapper (.oe-device-phone-1-tilt) so it animates\n    smoothly.\n  - On load: text + numbers fade in together first, then the donut segments and\n    line charts animate in (staggered), like a phone app booting up.\n  - Uses a system-UI font stack (no async web font) so SVG text stays perfectly\n    centred at first paint \u2014 avoids the text-anchor \/ font-swap shift.\n  - Everything is namespaced under #oe-device-phone-1 so it can't collide with\n    the theme.\n  - Designed to sit on a DARK \/ NAVY background (e.g. #003469).\n  - Illustrative placeholder data \u2014 not live model output.\n-->\n<style>\n  .oe-device-phone-1-embed { width: 100%; 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stroke-opacity=\"0.5\"\/>\n              <text x=\"180\" y=\"59\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Gov bonds \u00b7 28%<\/text>\n            <\/g>\n          <\/g>\n\n          <!-- Commodities 12% -->\n          <g class=\"oe-device-phone-1-seg-wrap\">\n            <title>Commodities \u00b7 12%<\/title>\n            <circle class=\"oe-device-phone-1-seg\" style=\"animation-delay:.48s\" cx=\"180\" cy=\"150\" r=\"62\" stroke=\"#86d9f0\" pathLength=\"100\"\n                    stroke-dasharray=\"12 88\" stroke-dashoffset=\"-70\" transform=\"rotate(-90 180 150)\"\/>\n            <g class=\"oe-device-phone-1-tip oe-device-phone-1-seg-tip\">\n              <rect x=\"118\" y=\"44\" width=\"124\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n              <text x=\"180\" y=\"59\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Commodities \u00b7 12%<\/text>\n  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x=\"180\" y=\"148\" text-anchor=\"middle\" font-size=\"32\" font-weight=\"700\" fill=\"#ffffff\">26<\/text>\n            <text x=\"180\" y=\"168\" text-anchor=\"middle\" font-size=\"10.5\" fill=\"#ffffff\" fill-opacity=\"0.6\">Markets modelled<\/text>\n          <\/g>\n        <\/g>\n\n        <!-- \u2500\u2500 Heading \u2500\u2500 -->\n        <text class=\"oe-device-phone-1-fade\" x=\"180\" y=\"250\" text-anchor=\"middle\" font-size=\"15\" font-weight=\"600\" fill=\"#ffffff\">This month&#8217;s positioning<\/text>\n\n        <!-- \u2500\u2500 Tag chips \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-fade\">\n          <rect x=\"98\" y=\"266\" width=\"90\" height=\"24\" rx=\"6\" fill=\"none\" stroke=\"#ffffff\" stroke-opacity=\"0.28\"\/>\n          <text x=\"143\" y=\"282\" text-anchor=\"middle\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.78\">GTAAI model<\/text>\n          <rect x=\"196\" y=\"266\" width=\"66\" height=\"24\" rx=\"6\" fill=\"none\" stroke=\"#ffffff\" stroke-opacity=\"0.28\"\/>\n          <text x=\"229\" y=\"282\" text-anchor=\"middle\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.78\">Aug 2026<\/text>\n        <\/g>\n\n        <!-- \u2500\u2500 Metric row 1: Global Equities (up) \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-row\">\n          <title>Global Equities \u2014 42% weight, up 2.4% vs last month (overweight)<\/title>\n          <rect class=\"oe-device-phone-1-row-bg\" x=\"30\" y=\"316\" width=\"300\" height=\"66\" rx=\"8\"\/>\n          <polyline class=\"oe-device-phone-1-spark\" style=\"animation-delay:.74s\" pathLength=\"100\" points=\"44,360 58,352 72,356 86,344 100,349 114,338 128,343\"\n                    fill=\"none\" stroke=\"#3fd39b\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"330\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.6\">Global Equities<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"358\" font-size=\"22\" font-weight=\"700\" fill=\"#ffffff\">42%<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"374\" font-size=\"10.5\"><tspan fill=\"#3fd39b\">\u2191 2.4%<\/tspan><tspan fill=\"#ffffff\" fill-opacity=\"0.55\"> vs last month<\/tspan><\/text>\n          <g class=\"oe-device-phone-1-tip oe-device-phone-1-row-tip\">\n            <rect x=\"234\" y=\"340\" width=\"86\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n            <text x=\"277\" y=\"355\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Overweight<\/text>\n          <\/g>\n        <\/g>\n        <line x1=\"44\" y1=\"382\" x2=\"316\" y2=\"382\" stroke=\"#ffffff\" stroke-opacity=\"0.12\" stroke-width=\"1\"\/>\n\n        <!-- \u2500\u2500 Metric row 2: DM Gov Bonds (up) \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-row\">\n          <title>DM Government Bonds \u2014 28% weight, up 1.2% vs last month<\/title>\n          <rect class=\"oe-device-phone-1-row-bg\" x=\"30\" y=\"390\" width=\"300\" height=\"66\" rx=\"8\"\/>\n          <polyline class=\"oe-device-phone-1-spark\" style=\"animation-delay:.86s\" pathLength=\"100\" points=\"44,434 58,430 72,425 86,428 100,419 114,421 128,412\"\n                    fill=\"none\" stroke=\"#3fd39b\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"404\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.6\">DM Gov Bonds<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"432\" font-size=\"22\" font-weight=\"700\" fill=\"#ffffff\">28%<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"448\" font-size=\"10.5\"><tspan fill=\"#3fd39b\">\u2191 1.2%<\/tspan><tspan fill=\"#ffffff\" fill-opacity=\"0.55\"> vs last month<\/tspan><\/text>\n          <g class=\"oe-device-phone-1-tip oe-device-phone-1-row-tip\">\n            <rect x=\"220\" y=\"414\" width=\"100\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n            <text x=\"270\" y=\"429\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Neutral-plus<\/text>\n          <\/g>\n        <\/g>\n        <line x1=\"44\" y1=\"456\" x2=\"316\" y2=\"456\" stroke=\"#ffffff\" stroke-opacity=\"0.12\" stroke-width=\"1\"\/>\n\n        <!-- \u2500\u2500 Metric row 3: Commodities (down) \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-row\">\n          <title>Commodities \u2014 12% weight, down 0.9% vs last month (underweight)<\/title>\n          <rect class=\"oe-device-phone-1-row-bg\" x=\"30\" y=\"464\" width=\"300\" height=\"66\" rx=\"8\"\/>\n          <polyline class=\"oe-device-phone-1-spark\" style=\"animation-delay:.98s\" pathLength=\"100\" points=\"44,490 58,486 72,494 86,489 100,499 114,497 128,506\"\n                    fill=\"none\" stroke=\"#f2857e\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"478\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.6\">Commodities<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"506\" font-size=\"22\" font-weight=\"700\" fill=\"#ffffff\">12%<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"522\" font-size=\"10.5\"><tspan fill=\"#f2857e\">\u2193 0.9%<\/tspan><tspan fill=\"#ffffff\" fill-opacity=\"0.55\"> vs last month<\/tspan><\/text>\n          <g class=\"oe-device-phone-1-tip oe-device-phone-1-row-tip\">\n            <rect x=\"226\" y=\"488\" width=\"94\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n            <text x=\"273\" y=\"503\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Underweight<\/text>\n 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fill=\"#ffffff\" fill-opacity=\"0.4\" stroke=\"none\"\/>\n        <\/g>\n        <!-- settings -->\n        <g fill=\"none\" stroke=\"#ffffff\" stroke-opacity=\"0.4\" stroke-width=\"1.6\" stroke-linecap=\"round\">\n          <circle cx=\"216\" cy=\"586\" r=\"4.5\"\/>\n          <path d=\"M216 578 v2 M216 592 v2 M208 586 h2 M222 586 h2 M210.5 580.5 l1.4 1.4 M220 590 l1.4 1.4 M221.5 580.5 l-1.4 1.4 M210.5 591.5 l1.4 -1.4\"\/>\n        <\/g>\n        <!-- profile -->\n        <g fill=\"none\" stroke=\"#ffffff\" stroke-opacity=\"0.4\" stroke-width=\"1.6\" stroke-linecap=\"round\" stroke-linejoin=\"round\">\n          <circle cx=\"288\" cy=\"582\" r=\"4\"\/>\n          <path d=\"M280 593 c0 -5 4 -8 8 -8 s8 3 8 8\"\/>\n        <\/g>\n\n      <\/g>\n    <\/svg>\n  <\/div>\n<\/div>\n\n<script>\n\/* One-time layout nudge: SVG text with text-anchor:middle can be mis-positioned\n   inside a 3D-transformed (composited) ancestor until the layer is invalidated\n   \u2014 which is why hovering 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This mimics that recompute (invisibly,\n   without moving the device or restarting the load animations) at the moments\n   layout\/fonts may have just settled, including once Poppins has loaded. *\/\n(function () {\n  var svg = document.getElementById('oe-device-phone-1');\n  if (!svg) return;\n  var tilt = svg.closest ? svg.closest('.oe-device-phone-1-tilt') : svg.parentNode;\n  if (!tilt) return;\n  var resting = 'perspective(1400px) rotateY(-11deg) rotateX(3deg)';\n  function nudge() {\n    tilt.style.transform = resting + ' translateZ(0)';      \/\/ change the transform string...\n    requestAnimationFrame(function () { tilt.style.transform = ''; }); \/\/ ...then hand back to CSS next frame\n  }\n  nudge();\n  window.addEventListener('load', nudge);\n  if (document.fonts && document.fonts.ready) { document.fonts.ready.then(nudge); }\n  setTimeout(nudge, 400);\n  setTimeout(nudge, 1200);\n})();\n<\/script>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"oe-section oe-flex oe-flex-column oe-section-muted oe-gap-container oe-pointer-glow oe-pointer-glow--blue alignfull break-out\">\n<div class=\"oe-container oe-text-center oe-flex-column oe-content-remove-margins oe-gap-content oe-motion-stagger oe-motion-trigger--late\">\n<h2 class=\"gb-text oe-heading oe-heading-eyebrow oe-motion oe-motion-fade-up\">CE QUE VOUS RECEVEZ<\/h2>\n\n\n\n<h3 class=\"gb-text oe-heading oe-text-xlarge oe-margin-auto oe-motion-fade-up oe-motion oe-text-500 gb-text-84e70db1\">Strat\u00e9gie sur les march\u00e9s \u00e9mergents et la Chine \u2013 Produits livrables<\/h3>\n<\/div>\n\n\n\n<div class=\"oe-container\">\n<div class=\"oe-gap-grid oe-motion-stagger oe-motion-trigger--late gb-element-8545b8f0\" data-oe-height-match=\".oe-card-title-wrapper\">\n<div class=\"oe-card oe-background-default oe-border-outline oe-padding-remove oe-motion oe-motion-fade-up\">\n<div class=\"oe-card-title-wrapper oe-background-secondary oe-light oe-padding-small oe-motion oe-motion-fade-up oe-flex oe-gap-small oe-flex-bottom oe-flex-between\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<p class=\"gb-text oe-text-xsmall oe-text-uppercase oe-text-500 oe-text-primary\">3 fois par mois \u00b7 lundis<\/p>\n\n\n\n<h3 class=\"gb-text oe-card-title gb-text-20257c68\">Rapports hebdomadaires<\/h3>\n<\/div>\n\n\n\n<h3 class=\"oe-card-title gb-text-695e53ad\"><span class=\"gb-shape\"><svg height=\"512pt\" viewBox=\"-35 0 511 512\" width=\"512pt\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"fi_1508964\"><path d=\"m436.03125 107.03125-104.601562-102.734375c-2.804688-2.753906-6.578126-4.296875-10.511719-4.296875h-264.449219c-30.859375 0-55.96875 25.105469-55.96875 55.96875v400.0625c0 30.859375 25.105469 55.96875 55.96875 55.96875h328.082031c30.859375 0 55.96875-25.105469 55.96875-55.96875v-338.296875c0-4.027344-1.617187-7.882813-4.488281-10.703125zm-100.113281-56.273438 52.921875 51.976563h-48.152344c-2.628906 0-4.769531-2.140625-4.769531-4.769531zm48.632812 431.242188h-328.082031c-14.316406 0-25.96875-11.648438-25.96875-25.96875v-400.0625c0-14.320312 11.648438-25.96875 25.96875-25.96875h249.453125v67.964844c0 19.171875 15.597656 34.769531 34.769531 34.769531h69.828125v323.296875c0 14.320312-11.648437 25.96875-25.96875 25.96875zm0 0\"><\/path><path d=\"m324.644531 238h-211.453125c-8.285156 0-15 6.714844-15 15s6.714844 15 15 15h211.453125c8.285157 0 15-6.714844 15-15s-6.714843-15-15-15zm0 0\"><\/path><path d=\"m113.191406 328h172.414063c8.285156 0 15-6.714844 15-15s-6.714844-15-15-15h-172.414063c-8.285156 0-15 6.714844-15 15s6.714844 15 15 15zm0 0\"><\/path><path d=\"m306.40625 358h-193.214844c-8.285156 0-15 6.714844-15 15s6.714844 15 15 15h193.214844c8.28125 0 15-6.714844 15-15s-6.71875-15-15-15zm0 0\"><\/path><\/svg><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"oe-padding-small oe-motion oe-motion-fade-up\">\n<p class=\"gb-text\">Publi\u00e9 trois fois par mois, le Rapport hebdomadaire offre une analyse opportune et approfondie des tendances macro\u00e9conomiques, des principaux th\u00e8mes d\u2019investissement et des recommandations concr\u00e8tes dans les march\u00e9s \u00e9mergents, avec une forte attention port\u00e9e aux perspectives de la Chine et \u00e0 son incidence mondiale.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"oe-card oe-background-default oe-border-outline oe-padding-remove oe-motion oe-motion-fade-up\">\n<div class=\"oe-card-title-wrapper oe-background-secondary oe-light oe-padding-small oe-motion oe-motion-fade-up oe-flex oe-gap-small oe-flex-bottom oe-flex-between\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<p class=\"gb-text oe-text-xsmall oe-text-uppercase oe-text-500 oe-text-primary\">Trimestriel<\/p>\n\n\n\n<h3 class=\"gb-text oe-card-title gb-text-6571d433\">Strat\u00e9gie trimestrielle de r\u00e9partition des actions<\/h3>\n<\/div>\n\n\n\n<h3 class=\"oe-card-title gb-text-414c6ca0\"><span class=\"gb-shape\"><svg enable-background=\"new 0 0 64 64\" viewBox=\"0 0 64 64\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"fi_12887924\"><g id=\"Captions\"><g><path d=\"m56.562 17.372c-.316-5.255-4.704-9.372-9.989-9.372h-2.573v-2c0-1.104-.896-2-2-2s-2 .896-2 2v2h-16v-2c0-1.104-.896-2-2-2s-2 .896-2 2v2h-2.573c-5.286 0-9.674 4.117-9.989 9.372-.593 9.884-.582 19.91.033 29.799.312 5.022 4.335 9.045 9.357 9.357 5.033.313 10.102.469 15.171.469 5.068 0 10.138-.156 15.171-.469 5.022-.312 9.045-4.335 9.357-9.357.616-9.884.627-19.909.035-29.799zm-4.026 29.551c-.188 3.013-2.601 5.426-5.613 5.613-9.902.615-19.944.615-29.846 0-3.013-.188-5.426-2.601-5.613-5.613-.473-7.603-.57-15.286-.317-22.923h41.707c.252 7.64.155 15.323-.318 22.923zm-30.536-30.923c1.104 0 2-.896 2-2v-2h16v2c0 1.104.896 2 2 2s2-.896 2-2v-2h2.573c3.173 0 5.807 2.465 5.996 5.611.047.794.067 1.593.106 2.389h-41.35c.04-.796.059-1.595.106-2.389.189-3.146 2.822-5.611 5.996-5.611h2.573v2c0 1.104.896 2 2 2z\"><\/path><circle cx=\"22\" cy=\"33\" r=\"3\"><\/circle><circle cx=\"32\" cy=\"33\" r=\"3\"><\/circle><circle cx=\"22\" cy=\"43\" r=\"3\"><\/circle><circle cx=\"42\" cy=\"33\" r=\"3\"><\/circle><circle cx=\"42\" cy=\"43\" r=\"3\"><\/circle><circle cx=\"32\" cy=\"43\" r=\"3\"><\/circle><\/g><\/g><g id=\"Icons\"><\/g><\/svg><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"oe-padding-small oe-motion oe-motion-fade-up\">\n<p class=\"gb-text\">Publi\u00e9e au cours de la premi\u00e8re semaine de chaque trimestre, la Strat\u00e9gie de r\u00e9partition des actions fournit des recommandations de r\u00e9partition dans l\u2019univers des march\u00e9s \u00e9mergents, aux niveaux des pays et des secteurs. La strat\u00e9gie repose principalement sur des mod\u00e8les quantitatifs, assortis d\u2019une superposition macro\u00e9conomique refl\u00e9tant nos points de vue sur les conditions mondiales ainsi que sur des facteurs propres \u00e0 chaque pays ou secteur.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"oe-card oe-background-default oe-border-outline oe-padding-remove oe-motion oe-motion-fade-up\">\n<div class=\"oe-card-title-wrapper oe-background-secondary oe-light oe-padding-small oe-motion oe-motion-fade-up oe-flex oe-gap-small oe-flex-bottom oe-flex-between\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<p class=\"gb-text oe-text-xsmall oe-text-uppercase oe-text-500 oe-text-primary\">Ponctuel<\/p>\n\n\n\n<h3 class=\"gb-text oe-card-title gb-text-17d9da37\">Recueil de graphiques th\u00e9matique \u2013 Suivi mensuel de la Chine<\/h3>\n<\/div>\n\n\n\n<h3 class=\"oe-card-title gb-text-32162812\"><span class=\"gb-shape\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" enable-background=\"new 0 0 512 512\" id=\"fi_117453\">\n  <g>\n    <g>\n      <path d=\"m289.8,200.2h-49.3v-49.3c0-11.3-9.1-20.4-20.4-20.4-11.3,0-20.4,9.1-20.4,20.4v49.3h-49.3c-11.3,0-20.4,9.1-20.4,20.4 0,11.3 9.1,20.4 20.4,20.4h49.3v49.3c0,11.3 9.1,20.4 20.4,20.4 11.3,0 20.4-9.1 20.4-20.4v-49.3h49.3c11.3,0 20.4-9.1 20.4-20.4 0-11.3-9.2-20.4-20.4-20.4z\"><\/path>\n      <path d=\"m220.2,388.7c-92.9,0-168.2-75.2-168.2-168.1s75.3-168.1 168.2-168.1 168.1,75.3 168.1,168.1-75.3,168.1-168.1,168.1zm274.8,78l-113.3-113.3c29.7-36.1 47.6-82.4 47.6-132.8 0-115.5-93.6-209.2-209.2-209.2s-209.1,93.7-209.1,209.2 93.6,209.2 209.2,209.2c50.4,0 96.6-17.8 132.7-47.5l113.3,113.3c5.2,5.3 21.1,7.9 28.9,0 7.9-8 7.9-20.9-0.1-28.9z\"><\/path>\n    <\/g>\n  <\/g>\n<\/svg><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"oe-padding-small oe-motion oe-motion-fade-up\">\n<p class=\"gb-text\">Publi\u00e9 p\u00e9riodiquement, le recueil de graphiques th\u00e9matique est une s\u00e9lection de graphiques portant sur divers aspects de l\u2019\u00e9conomie et des march\u00e9s financiers chinois, ainsi que sur les d\u00e9veloppements de certains march\u00e9s \u00e9mergents et fronti\u00e8res de plus petite taille qui ne figurent pas r\u00e9guli\u00e8rement dans nos publications.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"oe-section oe-flex oe-flex-column oe-gap-container alignfull break-out\">\n<div class=\"oe-container\">\n<div class=\"oe-gap-grid oe-motion-stagger oe-motion-trigger--late gb-element-5a3adc17\">\n<div>\n<div class=\"oe-border-outline oe-box-shadow-xsmall oe-flex oe-padding-2xsmall oe-border-rounded oe-motion oe-motion-fade-up oe-flex-column oe-content-remove-margins oe-gap-small\">\n<figure class=\"oe-width-auto\">\n<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" class=\"oe-border-rounded oe-aspect-ratio-1-1 gb-media-4ae726ed\" alt=\"\" src=\"https:\/\/alpinemacro.com\/wp-content\/uploads\/2026\/05\/Yan_Wang-300x300-1.jpg\" title=\"Yan_Wang-300x300-1\" srcset=\"https:\/\/alpinemacro.com\/wp-content\/uploads\/2026\/05\/Yan_Wang-300x300-1.jpg 300w, https:\/\/alpinemacro.com\/wp-content\/uploads\/2026\/05\/Yan_Wang-300x300-1-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\n<\/figure>\n\n\n\n<div class=\"oe-flex oe-flex-column oe-width-expand oe-content-remove-margins\">\n<div class=\"oe-content-remove-margins\">\n<p class=\"gb-text oe-text-bold oe-text-medium gb-text-e6c6b274\">Yan Wang<\/p>\n\n\n\n<p class=\"gb-text oe-text-primary oe-text-500 oe-text-small\">Strat\u00e8ge en chef, march\u00e9s<br> \u00e9mergents et Chine<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div>\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content oe-motion-stagger oe-motion-trigger--late\">\n<h2 class=\"gb-text oe-heading oe-heading-eyebrow oe-motion oe-motion-fade-up\">DIRIG\u00c9 PAR<\/h2>\n\n\n\n<h3 class=\"gb-text oe-heading oe-text-xlarge oe-margin-auto oe-motion-fade-up oe-motion oe-text-500\">La Strat\u00e9gie sur les march\u00e9s \u00e9mergents et la Chine est dirig\u00e9e par Yan Wang, strat\u00e8ge en chef, march\u00e9s \u00e9mergents et Chine de la firme<\/h3>\n\n\n\n<p class=\"gb-text oe-motion oe-motion-fade-up\">La Strat\u00e9gie sur les march\u00e9s \u00e9mergents et la Chine est dirig\u00e9e par Yan Wang, qui se concentre sur les occasions d\u2019investissement dans les pays en d\u00e9veloppement, \u00e0 la fois comme cat\u00e9gorie d\u2019actifs et dans des pays pr\u00e9cis. Mettant \u00e0 profit sa solide expertise de la Chine, l\u2019\u00e9quipe accorde une attention particuli\u00e8re aux enjeux \u00e9conomiques et politiques propres \u00e0 chaque pays, aux d\u00e9veloppements cycliques et aux implications pour l\u2019investissement, tant pour la Chine que pour les autres march\u00e9s \u00e9mergents.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"oe-section oe-section-primary oe-flex oe-flex-column oe-gap-container oe-motion-stagger oe-motion-trigger--late alignfull break-out\">\n<div class=\"oe-container oe-flex-column oe-content-remove-margins oe-gap-content\">\n<h2 class=\"gb-text oe-heading oe-heading-eyebrow oe-motion oe-motion-fade-up\">Vous aimerez peut-\u00eatre aussi<\/h2>\n\n\n\n<div class=\"gb-carousel oe-flex oe-flex-column oe-gap-2xsmall oe-carousel oe-motion oe-motion-fade-up gb-carousel-3c9a7f18\" data-slides-per-view=\"3\" data-space-between=\"32px\" data-mousewheel=\"true\" data-autoplay-delay=\"5000\" data-speed=\"500\" data-grab-cursor=\"false\" data-carousel-id=\"3c9a7f18\">\n<div class=\"oe-border-rounded\"><ol class=\"gb-looper-4a7d2e91 gb-carousel-items\">\n<li class=\"gb-loop-item oe-flex oe-flex-column oe-border-rounded oe-background-trans-overlay oe-border-outline oe-card oe-gap-card oe-flex-between gb-loop-item-8f3c5b70 gb-carousel-item post-154243 page type-page status-publish\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<div class=\"gb-text gb-text-2d9e6a14\"><\/div>\n\n\n\n<a class=\"gb-text oe-text-large oe-link-no-underline oe-text-bold\" href=\"https:\/\/alpinemacro.com\/fr\/commodity-energy-strategy\/\">Strat\u00e9gie en mati\u00e8re de mati\u00e8res premi\u00e8res et d&#8217;\u00e9nergie<\/a>\n<\/div>\n\n\n<\/div>\n\n\n\n<div>\n<a class=\"gb-text oe-button oe-button-primary\" href=\"https:\/\/alpinemacro.com\/fr\/commodity-energy-strategy\/\">Voir le service<\/a>\n<\/div>\n<\/li>\n\n<li class=\"gb-loop-item oe-flex oe-flex-column oe-border-rounded oe-background-trans-overlay oe-border-outline oe-card oe-gap-card oe-flex-between gb-loop-item-8f3c5b70 gb-carousel-item post-154276 page type-page status-publish\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<div class=\"gb-text gb-text-2d9e6a14\"><\/div>\n\n\n\n<a class=\"gb-text oe-text-large oe-link-no-underline oe-text-bold\" href=\"https:\/\/alpinemacro.com\/fr\/innovation-themes-strategy\/\">Th\u00e8mes et strat\u00e9gie d\u2019innovation<\/a>\n<\/div>\n\n\n<\/div>\n\n\n\n<div>\n<a class=\"gb-text oe-button oe-button-primary\" href=\"https:\/\/alpinemacro.com\/fr\/innovation-themes-strategy\/\">Voir le service<\/a>\n<\/div>\n<\/li>\n\n<li class=\"gb-loop-item oe-flex oe-flex-column oe-border-rounded oe-background-trans-overlay oe-border-outline oe-card oe-gap-card oe-flex-between gb-loop-item-8f3c5b70 gb-carousel-item post-154287 page type-page status-publish\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<div class=\"gb-text gb-text-2d9e6a14\"><\/div>\n\n\n\n<a class=\"gb-text oe-text-large oe-link-no-underline oe-text-bold\" href=\"https:\/\/alpinemacro.com\/fr\/equity-strategy\/\">Strat\u00e9gie en actions<\/a>\n<\/div>\n\n\n<\/div>\n\n\n\n<div>\n<a class=\"gb-text oe-button oe-button-primary\" href=\"https:\/\/alpinemacro.com\/fr\/equity-strategy\/\">Voir le service<\/a>\n<\/div>\n<\/li>\n\n<li class=\"gb-loop-item oe-flex oe-flex-column oe-border-rounded oe-background-trans-overlay oe-border-outline oe-card oe-gap-card oe-flex-between gb-loop-item-8f3c5b70 gb-carousel-item post-154297 page type-page status-publish\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<div class=\"gb-text gb-text-2d9e6a14\"><\/div>\n\n\n\n<a class=\"gb-text oe-text-large oe-link-no-underline oe-text-bold\" href=\"https:\/\/alpinemacro.com\/fr\/geopolitical-strategy\/\">Strat\u00e9gie g\u00e9opolitique<\/a>\n<\/div>\n\n\n<\/div>\n\n\n\n<div>\n<a class=\"gb-text oe-button oe-button-primary\" href=\"https:\/\/alpinemacro.com\/fr\/geopolitical-strategy\/\">Voir le service<\/a>\n<\/div>\n<\/li>\n\n<li class=\"gb-loop-item oe-flex oe-flex-column oe-border-rounded oe-background-trans-overlay oe-border-outline oe-card oe-gap-card oe-flex-between gb-loop-item-8f3c5b70 gb-carousel-item post-154305 page type-page status-publish\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<div class=\"gb-text gb-text-2d9e6a14\"><\/div>\n\n\n\n<a class=\"gb-text oe-text-large oe-link-no-underline oe-text-bold\" href=\"https:\/\/alpinemacro.com\/fr\/global-asset-allocation\/\">Service d&#8217;allocation d&#8217;actifs mondiaux<\/a>\n<\/div>\n\n\n<\/div>\n\n\n\n<div>\n<a class=\"gb-text oe-button oe-button-primary\" href=\"https:\/\/alpinemacro.com\/fr\/global-asset-allocation\/\">Voir le service<\/a>\n<\/div>\n<\/li>\n\n<li class=\"gb-loop-item oe-flex oe-flex-column oe-border-rounded oe-background-trans-overlay oe-border-outline oe-card oe-gap-card oe-flex-between gb-loop-item-8f3c5b70 gb-carousel-item post-154322 page type-page status-publish\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<div class=\"gb-text gb-text-2d9e6a14\"><\/div>\n\n\n\n<a class=\"gb-text oe-text-large oe-link-no-underline oe-text-bold\" href=\"https:\/\/alpinemacro.com\/fr\/global-fixed-income-currency-strategy\/\">Strat\u00e9gie mondiale en mati\u00e8re de devises et de titres \u00e0 revenu 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march\u00e9s \u00e9mergents et de la Chine.<\/p>\n\n\n\n<div class=\"oe-flex oe-gap-small oe-flex-center\">\n<a class=\"gb-text oe-button oe-button-primary\" href=\"\/fr\/trial-access\">Commencer votre essai<\/a>\n\n\n\n<a class=\"gb-text oe-button oe-button-outline\" href=\"https:\/\/alpinemacro.com\/fr\/contact-us\/\">Parler \u00e0 l\u2019\u00e9quipe<\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>ProduIT Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine 3x Rapports hebdomadaires par mois Trimestriel Strat\u00e9gie de r\u00e9partition des actions des march\u00e9s \u00e9mergents Mensuel Recueil de graphiques th\u00e9matique \u2013 Suivi de la Chine Global Strategy \u2014 model snapshot A translucent device showing the GTAAI model allocation donut and this month&#8217;s positioning metrics. Illustrative data. Equities &#8230; <a title=\"Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine\" class=\"read-more\" href=\"https:\/\/alpinemacro.com\/fr\/emerging-markets-china-strategy\/\" aria-label=\"En savoir plus sur Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine\">Read more<\/a><\/p>\n","protected":false},"author":77,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"tags":[],"content_type":[5957],"class_list":["post-154312","page","type-page","status-publish"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine | Alpine Macro<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine\" \/>\n<meta property=\"og:description\" content=\"ProduIT Strat\u00e9gie des march\u00e9s \u00e9mergents et de la Chine 3x Rapports hebdomadaires par mois Trimestriel Strat\u00e9gie de r\u00e9partition des actions des march\u00e9s \u00e9mergents Mensuel Recueil de graphiques th\u00e9matique \u2013 Suivi de la Chine Global Strategy \u2014 model snapshot A translucent device showing the GTAAI model allocation donut and this month&#8217;s positioning metrics. 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