Is China the future of finance?
First, I'd like to start by explaining I'm still a college student, so please understand if any of my perspectives seem ignorant or plain wrong.
People have always been saying "China is the future such and such..."
yet as of now, China seems yet to be the current "Powerhouse" of finance.
Also, recently the CCP, Xi, has been seemingly increasing their stances in controlling the free flow of money in China.
However, I do know that it is indisputable that there is a lot of cash money sloshing around in China, just..it's that it's within China.
So, based on:
China does have a lot of capital at disposal as a nation.
China's government seems to be increasingly controlling of the movement of money.
It's been a while now since people have been saying that China is the future.
Do you think China is still "the future" of finance?
I'm asking in terms of the many different areas of finance,
, S&T, AssetManagement, Hedgefund, etc.
and would honing my Mandarin skills be a good investment? (I'm currently conversational/conversational fluent and I'm looking toward more techincal roles than client facing roles).