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> - can't move money out of China. 'I can't get my money out': Billionaire investor Mark Mobius says China is restricting flows of capital out of the country. h

> - can't move money out of China. 'I can't get my money out': Billionaire investor Mark Mobius says China is restricting flows of capital out of the country. https://markets.businessinsider.com/news/stocks/mark-mobius- https://markets.businessinsider.com/news/stocks/mark-mobius-... This has been true for 10+ years

bobthepanda 4y ago
Which is always hilarious to me that people complain about USD as a global reserve currency and then propose CNY take over. Whatever the US is doing with sanctions is still much looser than China's controls on capital, and they've made it an explicit point that they would rather keep capital controls and the ability to suddenly put in even more draconian ones, than to become a global reserve currency.