The hedge fund manager has had a
long-running battle with Chinese leaders.
By Bloomberg Wire 6:21 AM on Feb 10, 2020
“We should take our
supplies and go back home. Let the chinese virus rampage through the ranks of
the GT and the rest of the communist party,” the founder and chief investment
officer of Dallas-based Hayman Capital Management wrote.
He was responding to
a tweet from Hu Xijin, editor-in-chief of the Global Times, a
daily run by the Chinese Communist Party’s People’s Daily, in which he
complained about “belated” U.S. aid.
Bass later deleted
the tweet but doubled down when Hu suggested he apologize.
“I will not,” Bass
replied. “You arrested, censured, and ‘punished’ (only God knows what you did
to him and the other 7 doctors) the heroes of Wuhan. You are disgrace to
humanity.”
The
good people of China have lost trust in the CCP. Barricading people into their
own homes, arresting the hero doctors of Wuhan, then ordering the rank and file
back to work on Monday? It looks like trust in govt (and even fear of govt) has
been lost. @HuXijin_GT #revolt https://twitter.com/davidkirton_/status/1226793730146877443 …
In an emailed statement to Bloomberg News addressing
his spat with Hu, he said he deleted the tweet because he “felt that it was too
harsh for the rank and file” of the Global Times, but
that he will “never apologize to a self-righteous, attempted manipulator of
public opinion,” referring to Hu.
Bass has long been a
vocal critic of China’s policies — he forecast last month that Hong Kong will
suffer a “full-fledged banking crisis” this year and said it’s unlikely that
Beijing will adhere to a trade deal with the U.S.
The coronavirus
disease surfaced in late December in Wuhan, China. The ensuing global outbreak
has infected tens of thousands of people and killed more than 800.
https://www.dallasnews.com/business/2020/02/10/dallas-kyle-bass-says-us-should-abandon-efforts-to-help-control-virus/?utm_source=Newsletter&utm_medium=email&utm_content=Business+Briefing+for+February+10&utm_campaign=Business_02102020
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