Re: Xi Life-Long Chairman, from anonymous
Re: Xi life-long chairman
I think this is a significant event.
The rule of law within China is in question more than before.
Because of this development, I expect the money-flows out of mainland china to continue or to accelerate.
People will publicly laud Xi, but will privately move money out.
The prime final receiver will be US assets (equities, bonds & real estate). Intermediate receivers are Australia, New Zealand, Mexico, some Europe and maybe Africa (re-branded as investment).
Since major private outflows are banned by the Chinese Gov.– creativity is applied.
I assume, some on this list have better knowledge about the tools applied. Maybe crypto currencies are used as an intermediate tool.
Some data, that supports above: The "outflows" of millionaires out of mainland China into the rest of the world.
Comments
Nikolas on March 14, 2018 9:49 pm
Thermodynamics conservative law in action?
I wonder if that is already precified, china has a P/B now of 1.1.
Wouldnt game theory also deceive more people if the opposite happens? China to the moon under dictatorship?