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To: george76

China is a communist country, with an increasingly leftist leader

Its has a strictly controlled currency, trade and investment account. Any money put into China is subject to the whim of its leaders, and the swamp of it bureaucracy.

The US dollar will decline - for the same/similar reasons, but the world will NOT rush to put its money in China.


16 posted on 01/29/2024 10:18:45 AM PST by PGR88
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To: PGR88

The markets already tell us that no body wants to invest in China.

Here is a chart of the Matthews China Fund:

https://www.google.com/search?q=matthews+china+fund&rlz=1C1CHBF_enUS977US977&oq=Matthews+China+Fu&gs_lcrp=EgZjaHJvbWUqCggAEAAY4wIYgAQyCggAEAAY4wIYgAQyDQgBEC4YxwEY0QMYgAQyBggCEEUYOTIHCAMQABiABDIICAQQABgWGB4yCAgFEAAYFhgeMggIBhAAGBYYHjIOCAcQLhgWGB4YxwEY0QMyCAgIEAAYFhgeMggICRAAGBYYHqgCALACAA&sourceid=chrome&ie=UTF-8

Unfortunately, dumb a$$ ME bought this piece of crap just after POTUS retard was elected. It topped out about 8 months later and has gone down ever since. It is bouncing around a five year low.


40 posted on 01/29/2024 1:04:09 PM PST by woodbutcher1963
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