Some reports suggest that these actions have shaved off close to one trillion dollars in market cap. Nobody knows for sure why the chinese state is seemingly hell bent on destroying its own companies, but it hasn't stopped people from speculating. But realistically speaking, how can anybody justify this blitz creek? How can the optimists confidently state that china will continue to aid a free market enterprise after a trampled multiple home grown i posThese past few months? Well, it's complicated.
In today's episode for 2nd September 2021, we provide a new explanation on why China may be attacking its own homegrown companies