Investing in China Could ‘Go to Zero Overnight’: CEO

NTD Newsroom
By NTD Newsroom
November 11, 2023China in Focus
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Peter Orszag, CEO of investment bank Lazard, told reporters that tensions in China, Ukraine, and the Middle East have become a top focus for clients.

He says gone are the days of making isolated choices based on raw data. Now, “you have to have the context,” he says, adding that “if you were investing today as a business in expanded Chinese operations, you need to be prepared for that to go to zero overnight.”

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