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US Bull, China Bear
Moody's Talks - Inside Economics
The Impact of the Chinese Communist Party on the Market
The Chinese Communist Party is getting much more involved in the private sector. If you look at the MSCI China index, actually from a price perspective, since inception is negative. Since the trough of the global financial crisis, China's returns are a quarter of that of the US. So think about assets compounding at 16%, 17%, versus something that sort of low mid single digit. It's just incredible.
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