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China’s zero-Covid policy will lead to an “extended period of sub-par growth” as constant lockdowns constrict its economy.

Beijing prodding may have reversed much of the week’s equities market pain, though I doubt positive sentiment will return anytime soon. Click here to read a weekly update.

A growing list of risks is turning China into a potential quagmire for global investors. The central question is what could happen in a country willing to go to great lengths to achieve its leader’s goals. Chinese President Xi Jinping’s (習近平) friendship with Russian President Vladimir Putin has made investors more distrustful of China, while a strongman narrative is gaining momentum as the Chinese Communist Party doggedly pursues a “zero COVID-19” strategy and unpredictable campaigns to regulate entire industries. As a result, some international investors are finding an aggressiv...

Chinese President Xi Jinping’s (習近平) efforts to regain the trust of international investors face serious hurdles. Xi’s government showed little regard for the same investors last year, when it unleashed a series of crackdowns on the nation’s most profitable companies, in a bid to curb “disorderly capital” and ensure the firms did not become more powerful than the Chinese Communist Party. The result was confusion and punishing losses for shareholders. Regulators have yet to follow through on promises made last month to ensure policies are more transparent and predictable. Warine...

Gold prices headed for the lowest weekly close in 3 on Friday as global stock markets fell amid news that China may risk US and EU sanctions by selling arms to Russia