It seems to us that offshore assets, thus pressure on RMB, and deposits are the more likely outlets… Properties in top cities may also be an outlet, depending on the government’s tolerance of housing price increases (due to social stability concerns).An unconventional asset is Bitcoin, which can be used as a conduit to move offshore. Folks who can't get their money out can go traditional and buy gold for investment at jewelers, banks and gold shops.
Easter Eggs (1 of 21): Hot Air
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FEEDPreface to all 21 parts: This is a special holiday weekend, because not
only does it contain Good Friday and Easter, but it also begins the Slope
of Ho...
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