https://www.nationalreview.com/2020/10/ ... n-beijing/
Chinese capital flows are going out of the country at the same time they claim that they are running a positive current account balance on imports, which is a nice way of saying that they are lying...
Chinese capital flows
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Jered
- Posts: 7859
- Joined: Wed Aug 20, 2008 1:30 am
Re: Chinese capital flows
Chicoms lying? It must be a day of the week that ends with Y.
The avalanche has already started. It is too late for the pebbles to vote.
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D5CAV
- Posts: 2428
- Joined: Tue Aug 19, 2008 2:48 am
Re: Chinese capital flows
Meh. More writers stuck in an Austin Powers movie. The numbers are a rounding error.
Wake me up when they start moving $$trillions
Wake me up when they start moving $$trillions
“None are more hopelessly enslaved than those who falsely believe they are free.” Johann Wolfgang von Goethe
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Vonz90
- Posts: 4731
- Joined: Fri Sep 19, 2008 4:05 pm
Re: Chinese capital flows
It is about 100B in one month at a time when supposedly there are tight limits on capital out flow and it would make no sense if the official numbers were anywhere close to reality.
If you are looking for a sea change moment, this is not it nor does the author suggest it is. It is however another data point that it is coming.