Vancouver, Island in the Stream

“The money [is] being frenetically shuffled by millions of wealthy Chinese into safe assets abroad, in defiance of their country’s capital controls. Since mid-2014, capital flight from China may have totaled as much as $800 billion, according to estimates from the Institute of International Finance. In Vancouver, the tidal wave has wrought a dramatic economic, demographic, and physical transformation.” Vancouver: The City That Had Too Much Money.

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