All Roads Lead to China $KWEB $CQQQ
No government is performing at a higher level than China's. The biggest risk is they take Taiwan. If that happens any investment you have there could get frozen or could get banned or could get out right stolen. That said I think they take Taiwan by election eventually because even there it is close. There is a big pro China population in Taiwan most people do not talk about.
The upside is if over the next 20 years they become more rule of law, more into developing their own tech. Overtime the market will give them a better multiple and will gain trust in China. Trust right now is lower than its been in a couple decades. It might improve a lot over time depending on their policy and actions. Obviously they could also gain if there's more mistrust of the USA's rule of law if it goes that way in the next couple decades too.
The upside is if over the next 20 years they become more rule of law, more into developing their own tech. Overtime the market will give them a better multiple and will gain trust in China. Trust right now is lower than its been in a couple decades. It might improve a lot over time depending on their policy and actions. Obviously they could also gain if there's more mistrust of the USA's rule of law if it goes that way in the next couple decades too.