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.
The Market Ticker - Cancelled - Demographic Disaster
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From CNN:
There were about 3.6 million babies born in 2023, or 54.4 live births for
every 1,000 females ages 15 to 44, according to provisional data fro...
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