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by adventured 2921 days ago
That isn't a good explanation. China has extremely tight capital export controls in place, you can't easily get your money out of China to invest it into the US.

Beyond the annual $50,000 currency conversion limit they've put into place domestically, they've also made it an obnoxious and suspicious process to go through even if you attempt to convert the allowed $50k.

The US is far wealthier than China is anyway, and that's with 1/4 as many people. There is no need for Chinese capital to spur asset inflation in the US, the US has more than enough capital to do that on its own.