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What's next in 2023?
GZERO World with Ian Bremmer
China's Stock Markets Are Performing Poorly
Most CEOs I know are much more cautious about putting additional money into China. Part of that is driven by the toxic political environment in the United States Democrats and Republicans towards all things Chinese. We also see a lot of people concerned that Xi Jinping as he has ordered raids into Bain and other Western corporations consultancies others for alleged espionage cyber crime without rule of law. All of those things are making people feel like they need to be paid a lot more for the risk that they are taking in China going forward.
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