Why China investors have stayed out of the country despite many stimulus measures

Why China investors have stayed out of the country despite many stimulus measures

Professional investors have stayed away from China’s stock markets despite several attempts by the country’s government to revive investment sentiment. An analysis of fund data reveals portfolio managers have steadily lowered their allocation toward China equities since mid-2020 when Beijing intervened in its property sector with the “three red lines” …

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TikTok, RedNote and the Crushed Promise of the Chinese Internet

TikTok, RedNote and the Crushed Promise of the Chinese Internet

The Chinese social media app RedNote is full of cute, heartwarming moments after about 500,000 American users fled to it last week to protest the looming U.S. government ban on TikTok. Calling themselves “TikTok refugees,” these users paid the “cat tax” to join RedNote by posting cat photos and videos. …

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