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Is it time to avoid investing in China?

First published: Financial Times 24/09/2021

The Chinese government’s crackdown on privately owned companies and entrepreneurs has captured the world’s attention and dismayed many portfolio investors. Beijing is compounding investors’ concerns by also putting a new emphasis on a longstanding political slogan — known as “common prosperity” — to focus attention on the country’s deep inequality, and put some socialism back into the term “socialism with Chinese characteristics”.  Read on….