'When communists are around there is never a bargain' - Piet Viljoen on China

Counterpoint value fund manager Piet Viljoen joins BizNews founder Alec Hogg as Thursday's Power Hour co-host, with the veteran money manager ringing the alarm bells about investing in China. Evergrande, one of the largest property developers in China, is facing a liquidity crunch that could potentially cause financial contagion in the world's second largest economy. Viljoen also talks about his exposure to cryptocurrencies, which he sees as a growing asset class in the years to come. Lastly, the topic of environmental, social and governance (ESG) is chatted about at length, with Viljoen outlining the difficulties in measuring the metric given its qualitative nature. Learn more about your ad choices. Visit megaphone.fm/adchoices