News ReporterB to Economy@lemmy.world · 8 days agoChina’s firms are taking flight, worrying its rulerswww.economist.comexternal-linkmessage-square1fedilinkarrow-up11arrow-down10cross-posted to: economy@lemmy.world
arrow-up11arrow-down1external-linkChina’s firms are taking flight, worrying its rulerswww.economist.comNews ReporterB to Economy@lemmy.world · 8 days agomessage-square1fedilinkcross-posted to: economy@lemmy.world
minus-squareDarkCloud@lemmy.worldlinkfedilinkarrow-up1·8 days agoAccording to this it’s due to westerns not investing so much, aka Capital flight, but there’s no specific evidence given: https://www.internationalaffairs.org.au/australianoutlook/foreign-capital-exodus-from-china-accelerates/ It could in part be because Musk/Trump are expected to crater the US economy so they can buy stocks cheap, so lots of investors are making aure they have cash positions and liquid assets ready to do so.
According to this it’s due to westerns not investing so much, aka Capital flight, but there’s no specific evidence given:
https://www.internationalaffairs.org.au/australianoutlook/foreign-capital-exodus-from-china-accelerates/
It could in part be because Musk/Trump are expected to crater the US economy so they can buy stocks cheap, so lots of investors are making aure they have cash positions and liquid assets ready to do so.