Name: Foreign Business Groups Wary as New Xi Term Begins
Uploaded: 2022-10-25T04:42:24.000Z
Description: How are global investors reacting to China's new leadership team and Xi Jinping's third term? Confidence in China's economy seems to be plummeting. Some investors are dumping their Chinese assets, leading Hong Kong stocks to slide to 13-year lows on Monday. China's currency, the yuan, also fell to a nearly 15-year low.

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How are global investors reacting to China's new leadership team and Xi Jinping's third term? Confidence in China's economy seems to be plummeting. Some investors are dumping their Chinese assets, leading Hong Kong stocks to slide to 13-year lows on Monday. China's currency, the yuan, also fell to a nearly 15-year low.

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