'Investing in Communism Never Pays' — China's Proposed $278 Billion Rescue Stimulus Risks Falling Flat, Fears Abound of Continued Social Unrest
Investors in China can't catch a break — both aspiring Chinese property owners who never got the homes they paid for from now-bankrupt builders and stock market investors who have ridden the nation's market almost straight down from recent crisis after crisis. The iShares MSCI China ETF (NASDAQ:MCHI) has started the new year down by about 4% and is trading about 37% lower than at its inception in 2011. Even Alibaba Group Holding Ltd. (NYSE:BABA) can't escape an onslaught of bad news, with its st
Source: yahoo.com