Billionaire investor George Soros, who is despised by many around the world for triggering and profiting from crises, Wall Street Photo: AFP Kyle Bass' disastrous Hong Kong short sale, backed by China bashers, is another example of how ill-intended short-selling operations against China are doomed to fail and a wake-up call for anti-China forces that seek to profit from stirring panic, Chinese experts said on Thursday.
Companies temporarily propped up by debt and liquidity measures will be forced into insolvency, as flawed business models crumble. By submitting your email you agree to our Privacy Policy and Terms of Use.
You may opt out at any time. Jim Rogers is an author, financial commentator, and successful international investor, with deep insight on China and investment opportunities there. Dan Morehead is the CEO of Pantera Capital, an investment firm focusing on cryptocurrencies and blockchain, and specializes in macro trading and crypto. Understanding macro is understanding the bigger picture. State Department has labeled as genocidal and committing crimes against humanity, their lips are sealed," he added.
James, an NBA superstar who has had a longtime endorsement deal with Nike, faced criticism in for his response to the controversy involving then-Houston Rockets general manager Daryl Morey. Morey's tweet in support of Hong Kong pro-democracy protestors was met with fierce blowback from the Chinese government.
The Los Angeles Laker had said he did not feel educated enough about the tensions between Hong Kong and mainland China to properly comment. Many felt that was an inadequate position to take, given James' history of speaking out against police violence and racism in the U. More recently, James has been an advocate for voting rights.
About Host. The Chinese Communist Party's stern crackdowns on its businesses such…. Is globalization breaking down before our eyes? Kyle Bass sits….
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