Xi Jinping versus Naspers: be very afraid
With Xi Jinping set to claim his third term, investors had better hope that China won’t resort to all-out isolation
This is an important week for Naspers and Prosus shareholders, not so much because of the release of Tencent’s results but because the Chinese Communist Party is holding its annual autumn meeting.
The party is expected to approve President Xi Jinping’s bid to secure a third term in power when his current term expires next year. ..