If I were Chinese, I’d be seeking to move myself and as much of my wealth as I possibly could offshore. The 4 big state banks have so much by way of toxic assets on their books, there can’t help but be an almighty crash once the real estate bubble fully bursts - and its already showing signs that the CCP can’t contain it much longer.
That’s on top of Winnie the Pooh setting himself up as dictator for life. He’s already shown he won’t hesitate to tank their economy to exercise his control. Crypto is one of the best ways of moving money quickly and relatively easily.
If I were Chinese, I’d be seeking to move myself and as much of my wealth as I possibly could offshore.
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If you were a mainland Chinese with wealth, its already too late. Your wealth is known and the MSS will just grab you up off the street and ‘hold’ you, like they did Horse Cloud (Ma), until you give them all your wealth.
You, as a mainland Han Chinese are not allowed to be more of anything, to have more of anything than the Party. You are not allowed to leave the country, until you become a good citizen in good standing with the Party.
Come to country like America and the local MSS office will keep tabs on you to ensure your loyalty to the Party - else you will quickly find yourself in trouble as your relatives back home plead for their lives.