Company Comment
China is where the money is at
The Chinese economic miracle is nothing to scoff at
28 July 2021 - 18:43
China’s recent crackdown on technology companies has sent ripples across global financial markets, whose effect has been felt in SA through Naspers, which has lost billions in value over the last week.
For investors, the situation presents two questions: how far is the Chinese government willing to go to prove who has power; and, second, are foreign players willing to forgo the promise of astronomical returns from the world’s most populous nation?..
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