Some 40 years ago, in order to lift China out of poverty, Deng Xiaoping opened China for business with efforts to make it more market-driven, politically neutral and integrate with the West's supply chains. Although there were issues and conflicts with the West, this strategy has been largely successful.
Now Xi has turned the page. He is a bull in a china shop. His anti-West rhetoric and attempts to replace the world order with his signature projects have finally alienated the US and EU.
Now with the threat of a gigantic sanction hanging over China and a worsening economic outlook, foreign investors would be foolish to continue to hope for a better China. If they do not pull out now, the window of opportunity to do so could be fast closing.