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Why ban Chinese money, not local money or money from other countries? What's your actual goal? To keep rich people concentrated in the places they came from? T
by Hondor 10y ago
Why ban Chinese money, not local money or money from other countries? What's your actual goal? To keep rich people concentrated in the places they came from?
Transferring money internationally is already a pain in the ass. You want to make it even harder? To outlaw bitcoin too? China itself is already restricting its people from taking money out of the country. It's nearly impossible for normal people to invest overseas because banks won't allow them to transfer their money.
- tehlike 10y agoThry can probably invest in housing through indirect ways. When the houses chinese bought do not result in increased housing, thats when things are wrong.