It's just amazing. They're putting all kinds of barriers," he said. "They don't say, 'No, you can't get your money out,' but they say, 'Give us all the records from 20 years of how you've made this money,' and so forth. It's crazy."
'I can't get my money out':Mark Mobius says China is restricting flows of capital out
04-03-2023, 07:11 PM
https://markets.businessinsider.com/news...ing-2023-3
It's just amazing. They're putting all kinds of barriers," he said. "They don't say, 'No, you can't get your money out,' but they say, 'Give us all the records from 20 years of how you've made this money,' and so forth. It's crazy."
It's just amazing. They're putting all kinds of barriers," he said. "They don't say, 'No, you can't get your money out,' but they say, 'Give us all the records from 20 years of how you've made this money,' and so forth. It's crazy."
04-03-2023, 08:03 PM
Try saying that to US govt who Chong Kong Russia assets in US. Same pattern, just word differently.
1. I have served the nation in a combat unit for 2.5 + 10 years. I had fulfilled my duty as a citizen, but has the country do it's part for me?
2. I don't know where the threat of CCP is, but I know the threat of CECA is already at my doorsteps
3. I had been called a CCP, JHK, Pinoy, but they never called me a CECA..
04-03-2023, 11:30 PM
Strangely he was the one that said China was collapsing for 2 decades and he is invested in China??
He should distribute his billions with everyone out there especially those who heed his doom calls?
He should distribute his billions with everyone out there especially those who heed his doom calls?
05-03-2023, 12:07 AM
(04-03-2023, 11:30 PM)Sticw Wrote: Strangely he was the one that said China was collapsing for 2 decades and he is invested in China??
He should distribute his billions with everyone out there especially those who heed his doom calls?
Wow - 20 years in China ?
No wonder the authority there are asking for Mobius records on how he made his $ in China over the decades.
No show records, no $ out.
Sorry.
05-03-2023, 12:10 AM
I did a little digging on Mobius and may explain why his 180 change and now wanna bring his $ out of PRC.
Mobius public statement betting against China over the Nov COVID protest has backfired.
https://fortune.com/2022/11/28/china-sto...rk-mobius/
Mobius public statement betting against China over the Nov COVID protest has backfired.
![Big Grin Big Grin](https://sgtalk.net/images/smilies/biggrin.png)
https://fortune.com/2022/11/28/china-sto...rk-mobius/
05-03-2023, 12:14 AM
For an American investor who gained so much from China's growth, making political statement about China during this tension and COVID is a suicide deal...What he said in the Nov'22 Bloomberg Interview ....Mobius may regret now...making comments about Xi, COVID, Taiwan, protest etc etc...Mobius, you really asked for it.
https://youtu.be/WdpnYqKAtmE
https://youtu.be/WdpnYqKAtmE
05-03-2023, 12:17 AM
(05-03-2023, 12:14 AM)Manthink Wrote: For a foreign investor who gained so much from China's growth, making political statement about China is a suicide deal...
https://markets.businessinsider.com/news...wn-2022-11
Sgbutt followed his "advice"?
![Thinking Thinking](https://sgtalk.net/images/smilies/Animated/thinking_s.gif)
05-03-2023, 07:33 AM
Those who put money into China beware.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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