The China vortex is sucking in the Australian dollar ...Middle East

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The China vortex is sucking in the Australian dollar
It's bad in China.The Hong Kong Hang Seng is down 7% already this year in nearly non-stop selling, including a 2.2% decline today as the December lows gave way.It's a similar story with mainland indexes and US-listed China ETFs. KWEB is down 10% YTD.And that's all on the heels of a rough year in 2023.The message is easy to understand: Western money is done with China. "I saw no to China," Jim Cramer said on Friday. Even his reverse-jinx couldn't help as his sentiment appears to capture the solidifying opinion of US money managers. If a fight with Taiwan is inevitable, why bother getting involved?Valuations in China are clearly cheap but that doesn't seem to matter, in part because China does

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