Hi Larry, long term China valuations are indeed attractive, but how does a US recession weigh into this assessment? Would a recession (which I think is highly likely in 2H23 or sooner) kill the China recovery story, or do you think China's reemergence from Covid is a secular trend & will continue despite a US/EU recession? WOuld you concentrate on the KWEB names, or do you think it will be broad based? Thanks!!!

Expand full comment