Source: Tech – South China Morning PostBack in 2005, any US investors buying into the initial share offering on Nasdaq by Baidu, China’s equivalent of Google, could reasonably expect a decent return: as of early 2018, they would make nearly 10 times their investment, a compounded annual return of more than 20 per cent.Until recently, many Chinese companies like Baidu generated stellar annual returns for US investment funds, propelled by China’s phenomenal economic growth.But this type of success story will be hard to replicate as…Read More