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China’s wealthy and middle-class investors are shying away from risky plays and looking inward after tumultuous 2020

Summary:
[unable to retrieve full-text content]On the surface, there should be little reason for China’s wealthy and middle-class investors to be anxious about their money next year: China will be the only major economy to report positive growth this year, and the recovery is expected to accelerate in 2021.But discussions with dozens of members in this social group, which comprises the biggest winners from China’s economic boom and its integration into the global economy, reveal that many feel just the opposite. While they are generally…

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[unable to retrieve full-text content]
On the surface, there should be little reason for China’s wealthy and middle-class investors to be anxious about their money next year: China will be the only major economy to report positive growth this year, and the recovery is expected to accelerate in 2021.But discussions with dozens of members in this social group, which comprises the biggest winners from China’s economic boom and its integration into the global economy, reveal that many feel just the opposite. While they are generally…

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