Fears over regulation, Evergrande contagion and slowing growth look overdone
Thursday 14 Oct 2021 Author: Mark Gardner
The sell-off in China looks to have gone too far. The MSCI China index has declined by 20% over the last three months. Investor sentiment in the region has been undermined by a wave of policy tightening and stringent regulation targeting sectors from property to technology. These fears have been compounded by concerns that Evergrande, the world’s most indebted property firm will default, causing contagion in the Chinese bank...