Share this postEmerging Market SkepticEmerging Market Links + The Week Ahead (December 16, 2024)Copy linkFacebookEmailNotesMoreEmerging Market Links + The Week Ahead (December 16, 2024)China’s personal pension pilot, rise of lower-tier Chinese cities, Hong Kong IPOs are back, Brazil's ailing Lula, Argentina exits recession, EM stock picks and the week ahead for emerging markets.Dec 17, 20241Share this postEmerging Market SkepticEmerging Market Links + The Week Ahead (December 16, 2024)Copy linkFacebookEmailNotesMore2Share

The Great Wall Street - Investing in China Substack has an interesting post (The Development Almost Everybody Currently Misses About Investing in China) about how young Chinese are packing up and leaving first-tier cities for the lower living costs of smaller cities which will become the key drivers of China’s economic future.

This seems to be a trend everywhere e.g. COVID lockdowns, high inflation/housing prices, the rise of work-from-home, and rising crime has reversed any migration the corporate media may have touted into downtowns or bigger American cities in general in favor of moving to smaller towns, rural, and/or exurb areas in the USA (with serious political and economic implications…). Even in Malaysia, where the young in smaller states tend to gravitate towards jobs in Kuala Lumpur, Penang or Singapore, there seems to be a shift back (maybe not a huge shift, but its no longer unheard of to hear about people opting for a simpler life closer to aging family members and its getting talked about in the local media…).

Finally, I flew to the USA this weekend for the holidays and will try to work on getting this and the regular Sunday posts done a little earlier or published when I normally publish them (around 9AM EST USA time)...