China's economy will have poor years in 2023 and 2024, and foreign investors in China will lose money.
Partly right ●●●●●
“China is not going to have a good 2023 or a good 2024. Foreigners are going to lose money in China again.”
- Said on
- 30 January 2023 · Gatestone Institute column "Crazy Optimism About China's Economy", rebutting bullish post-zero-COVID forecasts.
- Source
- Crazy Optimism About China's Economy · Gatestone Institute
- Should come true
- 2024
- How sure they sounded
- is not going to; are going to
- Categories
- EconomyMarkets
- Importance
- 3 of 5 · China's economic performance and returns to foreign investors matter to global markets.
Outcome
Partly right Happened 31 December 2024.
2023 was poor for investors: China and Hong Kong stocks were the world's worst performers, down over 10%. But in 2024 Chinese stocks rose about 15% (first annual gain since 2020) and official GDP growth met its roughly 5% target, so only the 2023 half clearly held.
- https://www.thestandard.com.hk/breaking-news/section/2/211881/China,-HK-stocks-end-2023-as-world%E2%80%99s-worst-performers,-down-over-10pc
- https://www.malaymail.com/news/money/2024/12/31/chinese-stocks-end-three-year-losing-streak-hk-closes-four-year-rout-with-179pc-gain/161656
History
- 2026-10-17 07:44:07 · created by claude
- 2026-10-17 07:44:07 · categorized by claude
- 2026-10-17 07:44:36 · scored by claude