Posted 11/22/2023, 10:45:00 AM
Foreign Investors Still Wary Despite Recent Gains in Chinese Markets
- Recent gains in Chinese stocks and currency have not convinced foreign investors who have lost money in recent years
- Analysts attribute advances to new government support for property sector and improving corporate earnings
- Enthusiasm tempered by lack of foreign interest in Chinese shares
- Investors remain haunted by previous losses in China
- Uptick follows months of disappointment with China's economic recovery pace