Wall Street Journal: China Looks Cheap—but It Has Burned Investors Before

From Wall Street Journal:



The best strategy for investors in Chinese assets in 2023 was to do something else, according to a report. Sitting on cash proved to be more profitable than investing in Chinese shares, buying bonds from Chinese companies, or betting on the performance of the yuan. In fact, in many cases, even losing 5% or 10% of cash would have been less costly.

The report suggests that Chinese assets were not profitable for investors in 2023. It highlights the importance of considering alternative investment strategies, especially in a volatile market. The findings indicate that sitting on cash may have been the smartest move for investors in Chinese assets during the year.

The report’s conclusion is that investors may have been better off doing something other than investing in Chinese assets in 2023. This suggests the need for a cautious and alternative approach to investing in Chinese markets in the current economic climate.



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