China famously has capital restrictions - max 50K USD I think - how can this 'investor' not know this? It's a key reason why China did not take a hit during the Asian Financial Crisis.
NB: its also the reason why the scions of China elites spend so much on luxury items when they 'studying' abroad, basically a way to get money out of the closed system
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China famously has capital restrictions - max 50K USD I think - how can this 'investor' not know this? It's a key reason why China did not take a hit during the Asian Financial Crisis.
NB: its also the reason why the scions of China elites spend so much on luxury items when they 'studying' abroad, basically a way to get money out of the closed system