What investors are saying about China’s market meltdown


Source: theglobeandmail.com theglobeandmail.com

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Stock markets in China and Hong Kong have slumped to multi-year lows this week as confidence in the world’s second-biggest economy has evaporated and foreign money has fled, while data showed sputtering growth and deepening real estate malaise. Here is what investors and market strategists have said about the selloff: DERRICK IRWIN, EMERGING MARKETS PORTFOLIO MANAGER, ALLSPRING: “Investors looking out into 2024 and anyone who would hope that the Chinese government would come riding to the rescue is re-evaluating that right now. “Until there is a bigger crisis, the Chinese government may just continue to kind of throw cups of...