Flags of China and U. The very significant technology war between the countries is a big negative and the administration seemed to be trying to make that announcement without making too many waves with China," said Rick Meckler, partner at Cherry Lane Investments in New Jersey. "The bigger risk for investors is not allocating to a market where valuations are so low - relative to other equity markets and China’s own history - and where there are plenty of companies with strong fundamentals undergoing rapid growth