China hit a very strong support when it fell 9% in the past weeks.
This support is holding strong and retested today again.
Going long for the long term for the price of ~16k
Good luck for everyone,
One of the first actions of the Biden administration was to accuse China of genocide in Xinjiang and of undermining the rules-based world order with its actions toward Hong Kong and Taiwan, and its treatment of Muslim Uighurs in its Xinjiang province. The poor tone of the talks contributed to – but was not the only factor – the sharp drop in Chinese equity markets...