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Hedge funds are playing a dangerous game on Japan and China

This year, everyone loves Japan and hates China. But don’t construct a long-short trade either way. Macro funds work well when there are clear trends, such as the unstoppable dollar rally in 2022. As the Bank of Japan and President Xi Jinping keep markets in the dark, one can be caught out by either side

January 25, 2024 / 12:33 IST
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Both Japan and China may be going through a structural break, in that what happened in the past no longer offers a window into the future.
Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. Views are personal, and do not represent the stand of this publication.
first published: Jan 25, 2024 11:45 am

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