With China handily beating the coronavirus while pretty well every other country struggles to contain it, you might be considering buying Chinese stocks now.
It seems like a no brainer, right?
Unfortunately, such a move would be a mistake—especially if you’re lured by the siren song of the closed-end fund (CEF) I’ll name below. Because there’s a gathering storm that’s threatening the country’s stock market and economy, and few people are talking about it.
Funny thing is, despite all the so-called advantages China’s companies are supposed to have: lower operating costs and lower regulations among them, these stocks have never really delivered.… Read more