China’s Economy Is in Big Trouble and Investors Should Get Out: Miles Yu

China’s Economy Is in Big Trouble and Investors Should Get Out: Miles Yu
Residential buildings and apartments in Guangzhou in China's southeastern Guangdong Province are seen in April 2023. Ludovic Marin/AFP via Getty Images
Bill Pan
Bill Pan
Reporter
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Jan Jekielek
Jan Jekielek
Senior Editor
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American companies should reconsider their investment in China, as the country’s economy is in serious trouble with a struggling non-state sector, said Mile Yu, a senior fellow and director of the China Center at Hudson Institute.

“China has been playing hard to get for the last several months and they would not talk. Now they relented and agreed to talk with high-level American cabinet members on matters that are vital to both nations’ economies,” Mr. Yu said in an interview with EpochTV’s “American Thought Leaders: NOW.”

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