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Opinion

Investors should steer clear of China while Xi's crusade rages

Tumult to continue as Beijing shifts from prioritizing growth to redistribution

| China
A trader works during the IPO for Didi Global on the New York Stock Exchange floor on June 30: How can equity investors know who will be next in the Communist Party's crosshairs?   © Reuters

Diana Choyleva is chief economist of Enodo Economics, a macroeconomic and political forecasting company in London.

So fierce and widespread is Xi Jinping's campaign to make private business do his bidding that investing in China for the foreseeable future should be something only for the brave.

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