Investment Approach

• Seeks long-term capital appreciation by investing in companies that derive their revenue from China and we believe are best positioned to capitalize on the dynamic change and growth in the country.

• Takes a holistic approach to investing in China with the flexibility to invest in both onshore and offshore markets, including A-shares, H-shares, and ADRs.

• Style agnostic approach aims to identify mispriced companies with opportunities driven by change.

• Seeks to invest in companies overlooked by some investors in China, going beyond the top 100 largest companies in the China universe by market cap to seek to identify future winners.

• Leverages T. Rowe Price's team of experienced regional analysts to identify local companies in China that we believe will be long-term winners in the evolving Chinese economy.