The main debate among overseas funds on China is how much of the latest investment funk there is cyclical, Covid-related and merely a temporary reset of political priorities – or how much tears up the vision completely.
PARADIGN lost?
A long-held view among many investors that China’s currency and markets would one day sit at the centre of world finance to match the second biggest economy in the world looks bruised at best after a torrid 2021 and February’s geopolitical quake.
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