The Chinese Communist Party Shuts Down Money Flow From Abroad

The Chinese Communist Party Shuts Down Money Flow From Abroad
A logo of Chinese ride-hailing giant Didi Chuxing at its headquarters in Beijing on July 2, 2021. Jade Gao/AFP via Getty Images
Milton Ezrati
Updated:
Commentary

Beijing’s decisions last month cost U.S. investors a lot of money. Regulatory moves against Chinese companies that have recently listed shares on American exchanges have all but shut down the burgeoning market for such listings. They have also sliced deeply into the value of companies that had already been listed.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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