China Markets

Trump Bans Fund From Buying Chinese Stocks In First Step Towards Capital Restrictions

"These events dramatically increase the risk that Chinese companies could be subject to sanctions or boycotts."

"These events dramatically increase the risk that Chinese companies could be subject to sanctions or boycotts."
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5 comments on “Trump Bans Fund From Buying Chinese Stocks In First Step Towards Capital Restrictions

  1. mfn says:

    Free-market free-trading Kudlow drank the kool-aid and has done a full Graham.

    • Mikey Mike says:

      Well, I had quite the email exchange w/ Kudlow during the GFC when he went FULL THROTTLE on every proposed government intervention & bailout. Imo he’d lost any “free market” credentials he had long before that, he just waited til 2008 to openly declare it, while denying it at the same time.

  2. Emptynester says:

    From NYT (Reuters) on May 11-
    2019-
    US direct investment in China was $14B. China direct investment in US was $5B.

    1st Q 2020-
    US direct investment In China was $2.3B. China direct investment in US was $200 Million.

  3. Anonymous says:

    So how long after the “right-wing” government decides where companies should build their supply chains, where they import their workers from, who should receive public bailouts or not, who should pay tariffs or not, mandates the cost of money, purchases private debt, dictates which industries may open or close, replaces economic activity with printed money, chooses which companies survives or not, decides which companies make what products by fiat, inveighs on a company’s shipping costs and logistics, tweets about which employees may be retained or fired, and institutes capital controls can we say we have effectively moved past last-stage capitalism? Asking for a Socialist friend.

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