[ad_1]
After drawing foreign capital into China’s markets for years, Chinese President Xi Jinping is now facing the risk of a nasty period of financial de-globalization. Investors point to one main reason why: Xi’s own policies.
Money managers once enticed by China’s juicy yields and huge tech companies now say reasons to avoid the country outweigh incentives to buy. They cite everything from unpredictable regulatory campaigns to economic damage caused by strict COVID-19 policies, not to mention growing risks stemming from a wobbly real-estate market and even Xi’s coziness with Russian President Vladimir Putin.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
PHOTO GALLERY (CLICK TO ENLARGE)
[ad_2]
Source link
