“Investing in communism never works,” investor and hedge fund executive Kyle Bass recently told CNBC.
China, the world’s second-largest economy, is grappling with various headwinds that could lead to long-term headaches.
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India and China: A Reversal of Economies?
India is poised to be the world’s third-largest economy by 2030; China is hanging on to second place.
India's Prime Minister Narendra Modi (L) shakes hands with China's leader Xi Jinping before the G20 leaders' family photo in Hangzhou, China, on Sept. 4, 2016. Greg Baker/AFP/Getty Images
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
