China, the only big economy promising a growth rebound this year, is again luring foreign investors. Yet the fear that Beijing may someday end up as ostracized from global markets as Russia is keeping a lid on demand.
The scale and coordination of Western sanctions on Russia triggered by President Vladimir Putin¡¯s Feb. 24 invasion of Ukraine stunned financial markets and left managers sitting on billions of dollars of assets suddenly made worthless overnight.
While such a move against China seems far-fetched given its economic size and the vast amount of foreign money invested there, it¡¯s a risk many are reluctant to ignore.
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