Asset prices in China are grossly inflated because of 1) capital controls and 2) China has been running large trade surpluses for about 2 decades.
It would make sound financial sense for any rich person to move as many assets as they could out of the country, regardless of whether the nation's institutions were trustworthy.
It would make sound financial sense for any rich person to move as many assets as they could out of the country, regardless of whether the nation's institutions were trustworthy.