7 Things

7 Things

The Yuan Typhoon

A Trillion Dollars Waits Offshore. Its Return Will Break The System Holding China’s Economy Together.

Adrian Monck's avatar
Adrian Monck
Feb 05, 2026
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Grüezi!

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  • I am a long-term China optimist. The country’s entrepreneurial energy, infrastructure, and human capital are extraordinary.

  • But right now, there’s a trillion dollars sitting offshore, waiting for the wind to turn.

  • That’s how much foreign exchange is held outside Ch…

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