The Canary in the Coal Mine is Getting Woozy
It looks like an increasing numbers of expats are bailing out of China:
Anecdotal evidence suggests that increasing numbers of western expats are beginning to leave China. A recent article that has gone viral in the expat community in China called "Why I’m leaving the country I loved" describes some of the reasons.I am not sure whether this is a leading or a lagging indicator, but this does not bode well for the world economy.
H/t Naked Capitalism.
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