[SmokingJoe]

Due to strict restrictions on outflows on Chinese citizens.

Um. nope.
The Chinese would much rather invest their money in the fast growing Chinese economy than the recession bound, high inflation, very high Multi trillion dollar deficits US economy.

There are no inbound $, which is what is needed to become the reserve currency because no one trust the Chinese government,

Nope.
China, India, Russia, Brazil and the BRICS countries are busy creating their own reserve currency and their trading currency.
They don't want the crazy Dementia Joe to tell them what to do.
Its foolish for them to support the 40 year high inflation US dollar.

including the Chinese wealthy. They'd move nearly all their money out tomorrow if they were allowed to do so.

The wealthy in China have vastly more of their assets in China than in America. They don't want Dementia Joe seizing their money if/when there is a conflict between China and Taiwan, like he did to Russian billionaires.

[rb22982]

You are delusional - China hasn't had to implement strict capital controls because they want to invest in their own country. Their is no BRIC reserve currency. They all have currencies, sure, so does Zimbabwe.

The wealthy in China have vastly more of their assets in China than in America.

This is simply not even close to true. The average rich person has 95% of their wealth in US assets.

Please invest in Chinese stocks if you think its such a sure thing. You'll be rich in a few years and I'll be destitute! LOL