Quote:
Originally Posted by Rain Man
I'm sure there are people making a lot of money on Chinese stocks, but I stay away from any market where the government can nationalize a company with no warning, no process, and no appeals process.
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I admit this worried me, but it appears that China does not like American influence. Many of our most popular companies such as Google, Twitter, Facebook, Washington Post, Netflix etc are all banned. Even pornhub is banned!
I think they’ll push NIO to be their primary EV maker bc China has to be the best in their eyes.
Plus their CEO hasn’t made the gov mad (yet).