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I posted earlier on the woes at FoxConn:
Says Bloomberg:
- Chinese language authorities are once more shaking the arrogance of international corporations with a collection of arrests and an investigation into Foxconn
However its not likely about FoxConn, or any particular person agency, the Chinese language Communist Social gathering appears to be at conflict with enterprise.
From method again in 2021, billionaire dealer George Soros:
- The president lately launched his “Frequent Prosperity” program, which is a elementary change in route. It seeks to scale back inequality by distributing the wealth of the wealthy to the overall inhabitants.
- That doesn’t augur effectively for international buyers.
Pouring billions of {dollars} into China now’s a tragic mistake. It’s prone to lose cash for BlackRock’s purchasers and, extra necessary, will injury the nationwide safety pursuits of the U.S. and different democracies.
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The CSI 300, or China Securities Index 300, is a inventory market index that represents the efficiency of the highest 300 A-share shares listed on the Shanghai Inventory Alternate (SSE) and the Shenzhen Inventory Alternate (SZSE), two of the key inventory exchanges in mainland China. A-shares are denominated within the Chinese language yuan (CNY) and are solely accessible to home Chinese language buyers and sure international institutional buyers by means of particular packages just like the Certified Overseas Institutional Investor (QFII) and the Inventory Join packages.
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