$2 Trillion Invested in Chinese Companies, but US Investors Have No Control over Them: Keith Krach
#US investors have no control over the #chinesecompanies they invested $2 trillion into, because these chinese companies use a structure called #VIE. With #VIE, the Chinese companies are registered in #CaymanIslands but they are only the shell companies of the real entities in #China. Therefore, by owning stocks of the Cayman Island shell companies, #USinvestors have no control over the real companies located in China. #DIDI, #Alibaba and others all fall into this scenario.
Watch Part 1 of this interview: https://www.youtube.com/watch?v=6JGl-osA6Ag
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