"Rich citizens fearing high taxes and personal safety move capital out of country and arrange residences overseas." Never a sign of an economically or politically healthy country.
The US really needs to strengthen our political and military ties to both India and Japan. If China's economy implodes Xi may try a desperate move like trying to invade Taiwan.
Oh, that'll happen, just like HK. Just a matter of time.
ReplyDeleteDifferent from HK because these people are fleeing mainland China. Getting the idea that the Chinese dragon economy may be all smoke and mirrors (and cooked government economics numbers).
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