Wall Street Journal: The Coming Chinese Crackup

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I don't quite get the author's point. The indicator he alludes to also happen in pretty much every non-first world country ever. The rich look for alternatives as insurance. They always have and always will. Chinese get richer every year, thus, more chinese will look to different places for security.

The same has historically been done by rich indians, russians, brazilians and the like. This isn't exactly... new.
 
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