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 mak

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.