Don’t invest in China, Goldman Sachs wealth management CIO warns

Don’t invest in China, Goldman Sachs wealth management CIO warns

Despite the significant declines in China’s stock market, Goldman Sachs Group Inc’s wealth-management chief investment officer, Sharmin Mossavar-Rahmani, has recommended against investing in the country. In a Bloomberg Television interview, she expressed skepticism about China’s current valuation, suggesting that even the low prices do not offset the potential risks. Mossavar-Rahmani highlighted several factors influencing her stance.

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