Chinese investor participation will revitalize the country's market, Mark Mobius said.
"Going forward, it'll be the Chinese investors who will revive the Chinese market, because at the end of the day, it's not foreign investors who drive the Chinese market.
It's the Chinese investors," the Mobius Capital Partners co-founder said.
As the economy has disappointed, even investors in China are bailing on Chinese markets and shifting their money overseas.
Because remember, the Chinese look at property as an investment — as a very key investment, a much bigger thing than in other parts of the world," Mobius said.
Persons:
Mark Mobius, —, it'll, it's, Mobius
Organizations:
Bloomberg, Service, Mobius Capital Partners
Locations:
China, Beijing