Wall Street increasingly sees China as uninvestable 

“All our clients are asking us that question — given how cheap China appears, people inevitably say, well, has it discounted the worst news?”  

Sharmin Mossavar-Rahmani, the chief investment officer of the Goldman Sachs wealth management business, highlighted this month on Bloomberg Television a question that investors around the world have been asking recently. She then provided an answer: “Our view is that one should not invest in China.” &n...