- No choice but to open as government needs money, Mobius says
- Veteran investor says he’s turned “more negative” on China
China will probably ease its disruptive Covid Zero policy by the end of this year as its economy is in trouble and the government needs money “badly,” according to veteran emerging-markets investor Mark Mobius.
“I don’t think Covid is an issue going forward,” Mobius said in response to queries from Bloomberg News. “China has no choice but to open up to ensure the economy can function."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.