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The MoneyWeek Podcast with Russell Napier at the Library of Mistakes

MoneyWeek Talks

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I've Never Invested a Penny in China Ever

Every major company in china has a committee of the communist party close to the board. I've advised my clients that the terminal value of their investment in china will be zero. It's because at some stages we'll put a barrier between the free flow of capital between china and rest of world. The same thing will happen, happen in china. So obviously, i don't get the whole china enthusiasm thing, but i never have. You know, you can just kind of go there and you can see this expedential growth, but you manage to lose money investing in those particular shares in the index. Nobody cared about property rights when things were going down with tiland

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