Chinese equities have actually been great performers recently (off of a base of ultra-pessimism), but that's mostly the onshore market, not the ADR paper you can buy in the west.
Buying the yuan on the other hand is directly taking a stance against CCP state controlled currency policy. A less advisable and knowable bet.
So, too late now, you're saying. I read overvalued, soon to crash…
Perhaps we should be buying up Yuan…
Chinese equities have actually been great performers recently (off of a base of ultra-pessimism), but that's mostly the onshore market, not the ADR paper you can buy in the west.
Buying the yuan on the other hand is directly taking a stance against CCP state controlled currency policy. A less advisable and knowable bet.
Then invest in Chinese airlines, banks...
Yes I know, same with Bitcoin.
I mean it’s a dead asset class since it doesn’t fund any economic activity. It’s just a store of wealth