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This Short Bet Seemed Like a Good Idea. It Wasn’t.
Fund managers betting against Alibaba have suffered.
There is little doubt that China is in turmoil. Covid-19 —first detected in Wuhan, China — has taken a toll on the country’s massive growth engine, which had already begun to slow before turning negative earlier this year. China’s GDP fell almost 7 percent in the first quarter.Now the future
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