Investors 'Pulling Wool Over Eyes' on China: Carson Block

The video discusses the unpredictability of China's policy environment and its impact on investments, highlighting the cognitive dissonance among investors who overlook risks due to perceived growth. It also examines how market forces, such as low interest rates, compel investors to take on more risk without adequate compensation.

Discuss the reasons why a China stock might trade at a significant discount compared to a US-based stock.

What are the risks associated with relying on GDP growth figures in China?