From 2015 to 2016, US$1.7 trillion flowed out of China. That’s more than the entire economic output of South Korea. It’s as much as the entire economic output of the American state of New York. It’s nearly 25 times the fortune of Warren Buffett.
That’s a whole lot of money that’s left China. And if Chinese are taking their money out of China – why should you put your money into China?
As I reveal in the video below, this movement of cash out of China is actually government directed… and it could be good for Chinese companies – and investors – in the long term. It’s not a precursor of something dire – as a lot of the “talking heads” would have you think!
You can listen to my conversation with Tama about what’s actually going on below: