In recent months, the Chinese Communist Party (CCP) has been cracking down on a wide range of Chinese companies and industries from Didi,to private tutoring, to online gaming. These abrupt actions caused U.S. investors to lose billions of dollars.
Focus Talk spoke with Kyle Bass, the founder and chief investment officer of Hayman Capital Management. Bass argues that there is no way that one can discount the CCP risk and that U.S. regulators should start to enforce rules on Chinese companies in order to protect U.S investors.