I am Not anti China! Its issues with taxation, property and population and the change of course is not pretty to observe.
to SCMP today has "Is China uninvestable or irreplaceable? Foreign investors ponder rising risks vs rewards of world’s second-largest economy
- China has been on a charm offensive to woo foreign investment, but direct investment liabilities fell for the first time in the third quarter, suggesting they are easing off
- De-risking, geopolitical tensions and tightening regulation have turned some investors away, while others still see the potential in China’s market of 1.4 billion people
Ying and YANG?
Head lines like "Country Garden Affiliated Property Manager Writes Down $576 Million" are small change to the massive self-inflicted economic damage imposed.
Hope they can steady their ship.
