“China’s weaker than anticipated re-opening has caused a sharp pullback in Chinese equities
Chinese stock valuations, relative to that of the US, are now at historically low levels”
China's weaker than anticipated re-opening has caused a sharp pullback in Chinese equities
Chinese stock valuations, relative to that of the US, are now at historically low levels pic.twitter.com/BCSiFzFB8o
— Game of Trades (@GameofTrades_) June 29, 2023
China’s economic recovery weak: Foreign investors simultaneously turn away
The reopening of China’s economy was widely expected to free up excess savings accumulated in bank accounts during the pandemic. However, this did not happen. pic.twitter.com/SKBJvr4FWR
— Spotlight on China (@spotlightoncn) June 8, 2023
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