China has been in the news often as many of the Chinese companies are experiencing a crack down by the government on the “private” sector. We, of course know that there really isn’t a “private” sector in China as the government controls all. This has been a wake-up call for many investors who were holding many of these China-based companies.
How damaging has the government been to the Chinese market? The global markets chart below (available to subscribers) shows the continued long-term rising trends on all markets with the exception of China (FXI).