Opinion: China Is Still Investible, but Skills Needed to Succeed Have Changed

“Is China still investable?” That’s the question that is being debated among global investors in both private and public markets. Not long after China launched an investigation into Didi’s IPO — followed by a policy overhaul of its after-school education industry — the U.S.-listed stocks of Chinese companies went into a tailspin that wiped out more than $1.5 trillion from their combined market capitalization within less than a year.