Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Should you buy China now? That's not an easy question to answer, but the risk-reward ratio is on your side for this trade. Let me explain... Recent events in China associated with its strict COVID-19 lockdowns have taken an unexpected turn. Make no mistake, China is a command economy and a dictatorship. But, in the higher echelons of power, it is sensing things could be different this time. You might be asking... "Could be different from what time, exactly?" Well, the only comparison that comes to mind is the Tiananmen Square massacre in 1989. The difference today is that the population is better educated, better informed and richer, and it has much better means of communication. That last part is the most important. |
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