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Is China more investable than you think?
The Street
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yesterday
Kevin Carter, founder & CIO of EMQQ Global, says investors are missing out on China.
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Sports
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00:00
China became, quote unquote, uninvestable to a lot of investors, which was, I think, you know,
00:06
silly. And I think that the things that led to that were completely misunderstood. I mean,
00:11
the Chinese government isn't trying to kill the Internet. They do have to regulate. And,
00:15
you know, when the Europeans regulate or the U.S. regulates or finds Google, you know,
00:21
people don't run for the exits. But people are so afraid of the Chinese government,
00:25
they think that they've, you know, coming to steal your money. And now I think that played out all
00:31
the all of the fear. And we've had a pretty good, you know, comeback in the Chinese Internet names.
00:37
And I think the you know, the reality is, if you step back and look at China now, it's essentially
00:45
the most advanced country in the world. I mean, they dominate electric vehicles, they dominate
00:54
solar. They are catching up very quickly in biotech. They dominate shipbuilding. So pretty
01:04
much across the board, China has in the last decade really advanced. And if you look at the
01:13
valuations, the companies are incredibly cheap.
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