China's wealth redistribution is going to lead to "problems", but how bad?

By Kitco News / September 07, 2021 / www.kitco.com / Article Link

Sep 08, 2021 Guest(s): Chen Lin Founder, ChenPicks.com

China is currently making reforms to redistribute wealth. This will have an adverse effect on the economy as investors move capital and business away from the country, and worse, cause an outright civil war, said Chen Lin, president of Lin Asset Management.
"There is a historical precedent. I'm not saying that what happened 2,000 years ago in the Han Dynasty will happen today, but there is a decent chance that China can slowdown," Lin told David Lin, anchor for Kitco News.

Recent News

Largest gold producers see strong Q3/25 earnings

November 17, 2025 / www.canadianminingreport.com

Gold stocks jump on gain in metal price

November 17, 2025 / www.canadianminingreport.com

AOCE and WB boost gold targets for 2025 significantly

November 10, 2025 / www.canadianminingreport.com

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok