REUTERS/Yuya Shino Still hearing rumors that Mainland Chinese buyers are gobbling up every piece of real estate in sight? Probably not, because they aren’t. New numbers from thePeople’s Bank of China(PBoC) show that China’s fresh capital controls have sent reserves higher for another month. Who Gives A S--- About China’s Forex Reserves? You Should Despite China being a massive country, it does not have a fully convertible currency. The local yuan is just useless paper, that has no value ...
REUTERS/Yuya Shino Still hearing rumors that Mainland Chinese buyers are gobbling up every piece of real estate in sight? Probably not, because they aren’t. New numbers from thePeople’s Bank of China(PBoC) show that China’s fresh capital controls have sent reserves higher for another month. Who Gives A S--- About China’s Forex Reserves? You Should Despite China being a massive country, it does not have a fully convertible currency. The local yuan is just useless paper, that has no value ...
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