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“One should not invest in China”: But will Two Sessions convince PBs otherwise?

By William Pesek, contributing editor | 8 March 2024
The Great Hall of the People, Beijing, where the annual meetings of the National’s People Conference and Chinese People’s Political Consultative Conference, together known as the Two Sessions, are held

“One should not invest in China.” This view, offered by Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Group’s wealth-management business, is exactly the sort Beijing hoped to dispel at this week’s National People’s Congress. So far, the China sceptics may be feeling more vindicated than the bulls. Granted, Mossavar-Rahmani made her comments to Bloomberg on 4 March, a day…

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