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I'm surprised China is even in the list, because in my mind the Chinese who go abroad are either students (with rich parents who can afford to send their childr
by netsharc 4y ago
I'm surprised China is even in the list, because in my mind the Chinese who go abroad are either students (with rich parents who can afford to send their children abroad) or labourers who wouldn't have much to spare. Also a poor Chinese villager can (could?) probably find a job in their bigger cities and not need to go all the way to the US.
But I guess, like India, it makes it in the top 10 list just because there's so many people from there.
- jfengel 4y agoPerhaps more noteworthy is that Mexican remittances are increasing, while Chinese remittances are decreasing. https://fred.stlouisfed.org/series/DDOI11MXA156NWDB https://fred.stlouisfed.org/series/DDOI11MXA156NWDB https://fred.stlouisfed.org/series/DDOI11CNA156NWDB https://fred.stlouisfed.org/series/DDOI11CNA156NWDB India is fairly flat. You can control for all kinds of things (%gdp, population, etc), and "X sends more than Y" doesn't seem very meaningful. But it is a good opportunity to take note of the trends: Mexico depends more, China depends less.