Analysis-China's crackdowns rewrite investors' private sector playbook

Buy the state, sell the capitalist - that's how global investors are trying to play China's latest anti-graft crackdowns as they see private enterprise increasingly sidelined in Beijing's quest for "common prosperity". China's recent sweep of the medical sector came as a shock to many investors who had thought the end of Beijing's three-year regulatory purge of the property and tech sectors meant there would be no more industry-wide crackdowns as policymakers prioritised economic recovery.

Related Keywords

Beijing ,China ,Huang Yan ,Zhejiang ,Shanghai ,London ,City Of ,United Kingdom ,New York ,United States ,Qiuyang ,Anhui ,Singapore ,Chinese ,Jason Xue ,Jack Ma ,Kumar Pandit ,Vidya Ranganathan ,Arthur Kroeber ,Zhang Kexing ,Thomas Masi ,Ankur Banerjee ,Nuno Fernandes ,Sam Holmes ,Samuel Shen ,Chinese Communist Party ,Ant Group ,Tongrentang Co ,Reuters ,Services Index ,Shanghai Qiuyang Capital Co ,Yuexiu Property ,Beijing Gelei Asset Management ,President Xi Jinping ,Mao Zedong ,Investment Management ,Somerset Capital Management ,Emerging Markets Dividend Growth Fund ,Private Sector ,Private Tutoring ,Healthcare Companies ,Global Investors ,Crackdowns ,Private Enterprise ,Sector ,Common Prosperity ,