China has recently reformed and controlled large enterprises, and the Ever Grande crisis is said to be another version of Lehman Brothers of 2008. A Black Swan!
Yesterday I said should sell on good news and not bad news; buy on bad news and not good news. Actually a lot of speculators are using the same strategy.
During the general election of last year, Biden was said to be a pro-China candidate and he urged to have trade talks with China as soon as he took office.
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