POTENTIAL CHINA OPPORTUNITY AHEAD, POWELL SPEECH AND JOBS REPORT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
China Opportunity
Please click here for a chart of China Large-Cap ETF FXI.
Note the following:
- Protests are erupting all across China against the zero-COVID policy. Some protestors are calling for the resignation of President Xi.
- The China Communist Party (CCP) tightly controls the public and such protests against the zero-COVID policy are unprecedented.
- Nobody should be under the delusion that CCP will not crush the protests by force if they spread. Remember Tiananmen Square – in 1989 CCP sent the People’s Liberation Army with tanks to fire at protestors in Tiananmen Square in the heart of Beijing, killing thousands.
November 28, 2022