<story><title>Chinese banks cause alarm as capital flight measures intensify</title><url>https://www.asiamarkets.com/chinese-banks-cause-alarm-as-capital-flight-measures-intensify/</url></story><parent_chain><item><author>pessimizer</author><text>It&amp;#x27;s not stupid. It&amp;#x27;s bold and almost risk-free. The US aren&amp;#x27;t the only people allowed to do proxy wars.</text></item><item><author>ChemSpider</author><text>That possibility makes me really nervous. A few weeks ago I was pretty sure that Beijing would not be &lt;i&gt;that&lt;/i&gt; stupid, and simply stick with sending tons of dual-use goods, to keep up the plausible deniability.&lt;p&gt;But Chinese rockets hitting Ukrainian kids in Kyiv&amp;#x2F;Europe? That would trigger dramatic sanctions. I don&amp;#x27;t think that is priced into the current world stock market.</text></item><item><author>foota</author><text>Could be in preparation for supplying arms to Russia.</text></item><item><author>andy_ppp</author><text>Are the increasingly tight capital controls a precursor to a war with Taiwan or because the CCP expects some other shock to occur? Is their economy expected to crash for some other reason or is this simply dictatorships love centralised control over everything especially capital?</text></item></parent_chain><comment><author>JasonFruit</author><text>&amp;gt; It&amp;#x27;s not stupid. It&amp;#x27;s bold and almost risk-free.&lt;p&gt;It&amp;#x27;s stupid and risky for either the US or China to escalate a war that threatens to become a global conflict between nuclear powers.  I wish saner heads urging restraint would prevail.</text></comment>
<story><title>Chinese banks cause alarm as capital flight measures intensify</title><url>https://www.asiamarkets.com/chinese-banks-cause-alarm-as-capital-flight-measures-intensify/</url></story><parent_chain><item><author>pessimizer</author><text>It&amp;#x27;s not stupid. It&amp;#x27;s bold and almost risk-free. The US aren&amp;#x27;t the only people allowed to do proxy wars.</text></item><item><author>ChemSpider</author><text>That possibility makes me really nervous. A few weeks ago I was pretty sure that Beijing would not be &lt;i&gt;that&lt;/i&gt; stupid, and simply stick with sending tons of dual-use goods, to keep up the plausible deniability.&lt;p&gt;But Chinese rockets hitting Ukrainian kids in Kyiv&amp;#x2F;Europe? That would trigger dramatic sanctions. I don&amp;#x27;t think that is priced into the current world stock market.</text></item><item><author>foota</author><text>Could be in preparation for supplying arms to Russia.</text></item><item><author>andy_ppp</author><text>Are the increasingly tight capital controls a precursor to a war with Taiwan or because the CCP expects some other shock to occur? Is their economy expected to crash for some other reason or is this simply dictatorships love centralised control over everything especially capital?</text></item></parent_chain><comment><author>Zigurd</author><text>Globalization is sponsored by the US, and the US could reverse that. Without US defense of oil shipping routes, China sucks oil through a long, thin straw from an unreliable partner.&lt;p&gt;Just those two factors amount to material risk.</text></comment>