11Mo
I live in China for almos 20 years already, I personally won't invest in China now, things don't look well and from my little prospective i don't see going any better in the future.
People here is loosing hope, they are only used to have double digit grow for the last decades and I think they are not ready mentally to adapt to something which is is not full gas grow.
I'm obviously somehoe investing in China since i work and have family here, but I will never put extra money in their stock; instead I'm followign the trend of the people here, try to take money out as soon as have the chance.
People here is loosing hope, they are only used to have double digit grow for the last decades and I think they are not ready mentally to adapt to something which is is not full gas grow.
I'm obviously somehoe investing in China since i work and have family here, but I will never put extra money in their stock; instead I'm followign the trend of the people here, try to take money out as soon as have the chance.
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11Mo
@madtao how would you say the government intervention is like on the market?
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11Mo
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11Mo
@Stark_industries more than attitude is my opinion, yes defenitly. My opinion is based on the information i have and I use to make my investment.
If you think BYD is good investment you can go ahead.
If you think BYD is good investment you can go ahead.
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11Mo
@PhilT I'm defenitly not an expert, but i have seen how the chinese business model generally works, huge dump of governament money in sector and field that they consider is gonna be good, then when they decide that is enough the carnage start and only a few company may survive with very limited potential left.
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•11Mo
@madtao sounds like my investment strategy
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11Mo
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11Mo
@Stark_industries Bitcoin and crypto are officially illegal in China, you will be arrested here to doing that, so think they you giving money to a country that think that way.
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