Commentary
China’s rapid rise to a worldwide economic superpower appeared invincible until it stopped. Now, with recession looming and an economy in disarray, another asset managers are scrambling for an explanation of these newly discovered China challenges —risks that we at Strive Asset Management have been sensitive to since our foundation.
Dominating market theories attribute the subsequent decline to an overleveraged, also- big- to- fail real estate sector and a Chinese Communist Party- based historical stranglehold that prevented China from transitioning to a consumer- based economy.
All that may be accurate enough. But it misses the bigger image: the same economic factors that led to China’s rise are now the reason of its collapse. U. S. traders should consider portfolio that properly mitigate the risk of Taiwanese investments….
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