Investing in China Is Tough Bet To Make: Eswar Prasad

The transcript discusses Beijing's efforts to control large tech companies due to concerns over data usage and geopolitical tensions. It highlights the impact on investors and industries, noting the acceleration of these policies since the Ant Group IPO. The discussion also covers China's long-term economic goals, emphasizing the importance of companies like Baidu, Alibaba, and Tencent. Finally, it addresses US-China relations and China's strategy for self-reliance, balancing domestic growth with global market connections.

What message is Beijing trying to send regarding large private companies?

What concerns does the US have regarding Chinese companies and their data practices?

What role did companies like Tencent and Alibaba play in China's development?

How have the political winds shifted in China regarding private companies?

How do investors perceive the risks and opportunities in the Chinese market?

What are the implications of the tensions between the US and China for investors?

What is the dual circulation strategy that China is implementing?