Sino-File

Soros issues warning

“Xi does not understand how markets operate”

George-Soros-w

George Soros in an op-ed published in the Financial Times this week entitled “Investors in Xi’s China face a rude awakening” discusses Chinese leader Xi Jinping. The prominent billionaire investor predicted that China was coming to the end of its property boom and that “Evergrande, the largest real estate company, is in danger of default. This could cause a crash”.


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