Credit Crunch, Winners & Losers, Cost of Care 8/8/23
The Exchange
00:00
The Impact of the Executive Order on the Chinese Market
The world discovered that they couldn't rely entirely on China for so many of their trade routes and trade linkages. And I think China, trying to come out of the pandemic, hasn't been able to find its footing because people have found other solutions to their manufacturing. The industry already knew this was coming. They knew that this was the U.S. intent was to shut off flows into those particular sectors. So I think that's pretty limited. But if you start to really attack some of the U.K.-listed Chinese names, Alibaba and Baidu,. these names are very heavily held in pension funds and other funds to provide exposure to the Chinese market, I think that
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