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Bets on Xi's Common Prosperity Agenda Led to Big Losses in 2023

Bonhoeffer Capital Management Q3 2023 Letter

Investing in China Common Prosperity Theme Is Losing Strategy for Stock Traders

Bets on Xi's Common Prosperity Agenda Led to Big Losses in 2023

(Bloomberg) Investors who bought into the idea two years ago that China’s consumer and green energy stocks stand to win big from President Xi Jinping’s renewed economic agenda would have seen their holdings pummeled in 2023.Most Read from BloombergApple to Fight Watch Ban in Court After White House Declines to ActS&P 500 Trades Within a Whisker of All-Time High: Markets WrapHow Were So Many Economists So Wrong About the Recession?Goldman’s Painful 2023 Lesson on China Forces Rethink of Emergi

'Romeos and Juliets': peace talks see rival villages in China end centuries of hostility to allow intermarriages and trade

More than two centuries of bitterness between villages in rural China have ended after a series of peace talks, delighting modern-day inhabitants.