Goldman’s Painful 2023 Lesson on China Forces Rethink of Emerging Markets  https://www.bloomberg.com/news/articles/2023-12-26/goldman-s-painful-2023-lesson-on-china-forces-rethink-of-emerging-markets 

Goldman Sachs Group Inc.’s head of global currency, rates and emerging-markets strategy says he’s learned two main lessons from one of the biggest — and most-common — bad calls of 2023: the bet on post-pandemic China’s reopening boom.