Is it a good time to invest in China?

| Jun 28, 2022, 11:01:35 AM | TIMESOFINDIA.COM
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China’s mega cap stocks, especially the Internet based ones, are beginning to show signs of life. Stocks of Alibaba, Meituan, JD.com & Baidu have all jumped by over 40% in the second half of March. And what’s really helped spruce up the Chinese stock markets were a series of statements made by China’s top economic officials assuring investors that the crackdown on Internet companies was nearing its end and it was their government’s intention to stabilize and support the capital markets. But having said this, a government-engineered reversal cannot remove the many macroeconomic headwinds that remain in play. Source: ET Money. Download the app here.

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