Don’t invest in China, Goldman Sachs wealth management CIO warns
Tuesday, 5 March 2024 Despite the significant declines in China's stock market, Goldman Sachs Group Inc's wealth-management chief investment officer, Sharmin Mossavar-Rahmani, has recommended against investing in the country. In a Bloomberg Television interview, she expressed skepticism about China's current valuation, suggesting that even the low prices do not offset the potential risks. Mossavar-Rahmani highlighted several factors influencing her stance.
Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the..
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