Experts: Pull Your Money Out of China Immediately


Backlink: THE BL

Hedge fund manager Kyle Bass warned that anyone holding any investments in China should take them out immediately, or they could risk losing everything.

Bass, founder and chief investment officer of Hayman Capital Management, said, “Not only is the Chinese economy in a precarious position, if its increasingly aggressive stance toward Taiwan becomes a military conflict, the country could quickly become dislocated from dollar-denominated financial markets and instantly lose all foreign investment.”