Wood, Mobius, Magnus on What Xi’s Crackdown Means for...

Wood, Mobius, Magnus on What Xi’s Crackdown Means for Investors
2021-09-29 21:00:13.791 GMT

https://www.bloomberg.com/features/2021-what-investors-say-china-crackdown/

Page Excerpt:

By Bloomberg News
(Bloomberg Markets) -- Behind President Xi Jinping’s regulatory blitzkrieg on China’s private sector is a commitment
to narrowing the wealth gap after years of breakneck economic growth. Under the banner of “common ...

FLC plays a crucial role in supplying SOEs equipment to achieve a narrowing the urban rural divide, providing hitherto almost non-existent waste water treatment in the rural areas. Catchphrase is "common prosperity". FLC is on the right side of central government's 5 year plans. Read the expert views above link.