• jonnycash11@alien.topB
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    10 months ago

    I mean, yes, that’s true. However:

    1. Illegal immigration out of China into the U.S. is at a record high.

    2. 富二代 are also buying real estate in Japan and elsewhere as the RMB continues to depreciate against major world currencies.

    These will not prevent breakthroughs from occurring but there are major headwinds for the Chinese, especially when many of their better-off citizens are looking to leave.

    • i_eat_da_poops@alien.topB
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      10 months ago

      I agree with you that a lot of the big players are trying to exit China. It’s a real thing that’s been occurring and even more so now with the recent demands for what was suppose to be water under the bridge, by the CCP.

      In terms of the new and upcoming geniuses and/or proteges though, that may not be the case, yet.