“China turned away from the free markets, leading the stock market to suffer a drastic three-year decline,” said Belita Ong, chairman at Dalton Investments LLC in the US. “The economy is paying the price of a huge real estate bubble, the wolf warrior period hasn’t gained China many friends, and using state owned firms to allocate resources has stunted growth.”
This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...
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