Ha, it’s funny cause it’s true. The risk was always there. The pension fund can’t play dumb.

My only question is China apparently doesn’t think it need foreign investment any more? I mean this latest move will scare a lot of foreign investment away (“that’s a nice valuation you have, would be a shame if we made all for-profit companies illegal”). No doubt the Chinese are smart enough to know this so I assume they have enough domestic wealth to supply any capital needs?

Still, scaring off the international markets seems like a bad move.