Burned and wary: China's Xi battles to win back trust of global investors
International investors are taking their money out of China and President Xi Jinping’s efforts to woo them back face serious hurdles.
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International investors are taking their money out of China and President Xi Jinping’s efforts to woo them back face serious hurdles.
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...
International investors are taking their money out of China and President Xi Jinping’s efforts to woo them back face serious hurdles.
The government in Beijing showed little regard for those same investors last year when it unleashed a series of crackdowns on the country’s most profitable companies.
Wariness has increased since Russia attacked Ukraine.