For decades, China generated significant returns across numerous sectors as investors profited from the nation’s booming wealth, growing consumer markets, technological innovations, and internationalization of regulations and governance. The past several years have shown that sustained high growth was not tenable over long periods. Recent fault lines have had a noticeable additional impact on investments, causing some to doubt China’s investability. Even so, China’s prominence and potential cannot be discounted. Is China still a top investment destination? How are investors rethinking their allocation theses for China in today’s macro environment? In what ways is China still "the next China?"