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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (93132)	8/6/2012 4:42:56 PM
From: elmatador	Read Replies (1) \| Respond to of 217774

If Chancellor is right, western political leaders had better ask soon if they want some Chinese spending to go in their direction. Foreign exchange reserves are also under threat of capital flight as wealthy Chinese find ways to take their money abroad. Chancellor refers to the work of an academic who estimates that due to the concentration of wealth in China, the collective fortunes of the top 1 per cent of Chinese households is larger than the total foreign exchange reserves. blogs.ft.com ELMAT: As you can see some observers are eying a capital flight from China. Nice bunch of kids, TJ!