News Analysis The Chinese regime under Xi Jinping recently disciplined a number of private companies that have close ties with Xi’s political opponent, the Jiang Zemin faction. The series of crackdowns caught Wall Street by surprise. China’s ride-hailing giant Didi was punished by the authorities soon after it went public in the United States, causing its share price to instantly plummet by 20 percent. This has brought confusion to Wall Street, which now has two voices on the prospect of investment in China. Financial tycoon Soros believes it is unwise to invest in China for the time being, while BlackRock, the world’s largest asset manager, thinks otherwise. “The Chinese market represents a significant opportunity to help meet the long-term goals of investors in China and internationally,” BlackRock Chairman Larry Fink wrote in a recent letter to shareholders. However, Mike Sun, a New York-based China investment strategy consultant for nearly 30 …