Financial expert warning: "Do not invest in China" amid uncertain outlook

Amid an uncertain economic landscape, the head of wealth management at Goldman Sachs, Sharmin Mossavar-Rahmani, has issued a stark warning to potential investors: "Do not invest in China." This statement is based on a series of fundamental reasons pointing to a steady slowdown in the Chinese economy over the next decade. Mossavar-Rahmani highlighted that China faces challenges in its three growth pillars: the real estate market, infrastructure, and exports. In addition, the lack of transparency in economic policies and irregular economic data raise additional concerns about the country's stability and growth potential. The recent decision by Chinese authorities to limit available information and temporarily suspend some unemployment figures has raised doubts about the reliability of the economic data reported by the country. This lack of clarity has led Mossavar-Rahmani to question the future direction of Chinese economic policy and express skepticism about officially published growth projections. Despite possible short-term stimulus measures, especially in the real estate sector, Mossavar-Rahmani warns that the economic situation in China is not as favorable as it may seem at first glance. Political uncertainty and concerns about domestic demand and geopolitical tensions have contributed to the instability of the Chinese financial market, reflected in the recent drop of the CSI 300 benchmark index to a five-year low. The situation is further exacerbated by the lack of clarity in the economic data reported by China, undermining investor and analyst confidence. Mossavar-Rahmani concludes that, despite the seemingly attractive valuation of China in terms of investment, current conditions and long-term prospects are not favorable for those seeking capitalization opportunities in the Asian country.