As of Sunday, January 8, 2023, China has re-opened its doors to travellers. In the previous few months, while the rest of the world has gone back to pre-pandemic guidelines and everything has opened up, China had remained on very strict lockdowns, and from a international business perspective, folks were wondering what are we supposed to do about this – will China ever re-open? If so, what will the new restrictions be?
Also, how do we think about China within the international business community when you compound lockdowns with their association with allegations of supporting Putin in the Ukraine War and the crackdown on Chinese tech companies.
Nevertheless, China has re-opened, and I wanted to put this news into context as some institutions start to look at investing overseas to park capital if the U.S. is to go into a recession. To help me answer all these questions, I invited on Michael Fritzell, Editor of Asian Century Stocks. Michael is Swedish citizen who has been living in Asia since 2009, currently resides in Singapore, and has been investing in Asian stocks since 2008.
In our discussion today, we discuss the China re-opening, consumer trends we should be looking in China with the re-opening, non-Chinese companies that sell product to China consumer base, investing in non-China-based Asian companies, and what this all means for MicroCaps in general.
For more information about Asian Century Stocks, please visit: https://www.asiancenturystocks.com/ You can Follow Michael Fritzell on Twitter @Fritz844: https://twitter.com/Fritz844
Any information provided by the SNN Network YouTube channel is for general information only and must never be considered a substitute for professional advice. SNN Network makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on our channel. SNN Network may at any time and in our sole and absolute discretion remove, change or replace the information available on our channel, including comments. SNN Network is not liable for any direct, incidental, consequential, indirect or punitive damages arising out of access to or use of any content available on our channel, regardless of the accuracy or completeness of any such content. SNN Network disclaims any control over, relationship with, or endorsement of views expressed by other YouTube users. Any links to other websites are provided as a convenience and SNN Network encourages you to read the privacy statements and terms of use of our site and any third-party websites.