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An additional investor named Wang, from Shanghai, reported he place money into Chinese shares on Sept. 30. He summed up the prevailing sentiment Amongst the people today I talked to: People today aren’t investing now since they have confidence in, or happen to be fooled by, The federal government.
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The proprietor of a company consultancy, he identified which the nation’s business enterprise setting turned increasingly hostile on the non-public sector less than Xi Jinping, China’s leader. “I’ve under no circumstances noticed everyone play these kinds of a good hand so terribly,” he wrote to me about Mr. Xi that month.
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