Companies have reason to be sceptical about investment in Asia in general and in China in particular. In China, Beijing is tightening its grip on its thriving tech industry, forcing companies like Alipay to hold off on their public debuts, launching probes against companies like Didi Chuxing and restricting domestic startups’ ability to list abroad.
However, the question is if things really are as bad as they may seem. After all, in many ways the Asian markets have weathered the turmoil of the...