https://www.asiamarkets.com/chinese-banks-run/
The USA is running hot but China is doing the opposite. The ‘Tang ping’ culture or ‘laying flat’ has evolved to ‘bai lan’ or ‘let it rot’. Demand is going to 0 there. It also makes me wonder if some of the anticipation of them opening and crude going higher is overbought.
All the talking heads recommending investing in China know nothing of Chinese politics, which pretty much dictates returns