, Columnists
Is China Breaking Out or Breaking Bad?
A sudden change in Beijing’s rhetoric spurred a surge in Chinese stocks. The question is, can it last?
China is a puzzle for global investors.
Photographer: Qilai Shen/Bloomberg
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China’s recent stimulus announcements sparked a massive rally in its stocks, and a growing chorus of analysts see more gains ahead. Is this a reawakening of the country’s long slumbering stock market or just another false start? Bloomberg Opinion’s Nir Kaissar and Shuli Ren, based in the US and Hong Kong respectively, met online to discuss the risks and opportunities.
Nir Kaissar: Shuli, like a lot of people, I’ve been amazed by the surge of Chinese stocks in recent days.