Hence the bloodletting in what’s considered one of the most conservative investments in the world.
“The whole semiconductor industry could collapse.”
The fear of further yuan devaluation.
“Worse than the one following the Global Financial Crisis.”
Hot air keeps hissing out of it.
These are their Top Ten financial-escape cities in the US and globally.
This has never happened before, ever.
Property mogul: “The biggest bubble in history.”
A “structural change”: capital flight in yuan.
The governor of the People’s Bank of China chimes in.