China's crashing stock market could be the breaking point for foreign investors, Atlantic Council's Jeremy Mark said.
AdvertisementThe decline of China's stock market may have scarred it for the long-term, as foreign investors likely aren't coming back, the Atlantic Council wrote on Friday.
China's property market is the leading concern, considering the sector accounts for around a quarter of the nation's GDP.
Foreign investors have been disenchanted by Beijing's slow response, while the government's 2020 crackdown on the tech sector provided another incentive to move out of Chinese markets, Marks noted.
"Even if the economy and property market bottom out in 2024, there are worrying signals about the government's intentions for stock investors.
Persons:
Jeremy Mark, —, Mark, Beijing's, Marks, It's
Organizations:
Service, Atlantic Council
Locations:
Atlantic, China, Beijing