Dory Wiley: China is almost uninvestable.
January 18, 2024
Commerce Street Capital President and CEO Dory Wiley says “I don’t like the exposure to China, I don’t like it right now. China is almost uninvestable. That’s hard to hear from an investing point of view because we try to keep politics out of it, but there’s so many fundamental reasons to try to avoid China as much as we can… China is–exports are down, population is down, the markets down 30%… real estate debt issues, government debt issues, no new construction, and their politics has gone from a party dictatorship to a person dictatorship. So they’re moving the wrong direction.”
