Term Three for Xi: Chinese Stocks are a No-Go (Tip Ranks)
- Bargain hunters might be tempted to look abroad and scoop up seemingly-cheap shares of private China-based businesses. The appropriate tone is concern, however, as a status-quo leader clings to power.
- Traders know full well that another Xi term means a continuation of highly business-restrictive and sometimes unpredictable policies. It also means geopolitical uncertainty as Xi may still have his sights set on Taiwan; plus, he may now feel emboldened to tighten his grip on China’s already-struggling tech firms. READ MORE
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