Big investors steer clear of Chinese assets as political risk ramps up

Big investors steer clear of Chinese assets as political risk ramps up

FILE PHOTO: A man wearing a mask walks by the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, February 3, 2020. REUTERS/Aly Song

Many large money managers are steering clear of Chinese assets, missing out on the nation’s post-COVID stock market rally in the latest example of strategic concerns trumping juicy returns.