{"id":4714,"date":"2023-11-03T22:59:50","date_gmt":"2023-11-03T20:59:50","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4714"},"modified":"2023-11-03T22:59:50","modified_gmt":"2023-11-03T20:59:50","slug":"vanguard-finalizes-china-exit","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4714","title":{"rendered":"Vanguard finalizes China exit"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Vanguard Group Inc. is taking the final steps to pull out of China and shut its presence in the 29 trillion yuan ($4 trillion) mutual fund market.<\/p>\n<p>Apparently, Vanguard is changing its strategy, leaving the world&#8217;s second largest economy in which it once saw significant potential.<\/p>\n<p>This comes amid the measure of foreign investment in China turning negative for the first time since records began in 1998, highlighting a significant withdrawal of funds by foreign companies.<\/p>\n<p>It was also reported earlier in the year that the China&#8217;s stock market was experiencing an unprecedented downturn.<\/p>\n<p>At the same time, Chinese media first announced the company&#8217;s planned exit in March 2023.<\/p>\n<p>With Vanguard having $7.1 trillion in assets under management globally, it makes one wonder how the withdrawal of such a giant affected the country&#8217;s stock market within a year.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vanguard Group Inc. is taking the final steps to pull out of China and shut its presence in the 29 trillion yuan ($4 trillion) mutual fund market. Apparently, Vanguard is changing its strategy, leaving the world&#8217;s second largest economy in which it once saw significant potential. This comes amid the measure of foreign investment in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4714"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4715"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}