China was a good investment bet in the 2000s and early 2010s because westernization grew its productivity and GDP per capita, but at some point it became a bad bet—evidenced by the Shanghai-Shenzhen 300 returning a loss of about a third over ~18 years even as China's GDP reportedly grew 505%—proving Westerners get left holding the bag in a communistic economy.
factualpending
Speaker
Kyle BassEvidence Quote
“you've lost a third of your money and they've grown their economy 505%. What else do you need to know?”
Source
Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution— Hoover InstitutionCreated: 6/18/2026, 2:17:47 PM
My Notes
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