"I can't get my money out. The government is restricting the flow of money out of the country," he said.
He added that the government hasn't explicitly banned such outflows but said it is putting up numerous barriers. "They don't say, 'No, you can't get your money out,' but they say, 'Give us all the records from 20 years of how you've made this money,' and so forth. It's crazy."on his claims, saying no barriers had been set up. Mobius also indicated to a Hong Kong newspaper that the situation has since been resolved, though he didn't provide specifics.
Mobius' focus on Taiwan is spurred by his bullish outlook on the semiconductor industry, saying China and the US are pouring enormous sums into production and research within the sector. , the world's largest manufacturer of semiconductor chips. Shares in the company have jumped 19% since the year's start.
"The tech industry is number one for us, particularly anything related to semiconductors," Mobius told Bloomberg TV, describing chips as the top category in his portfolio.
Mans busy provoking a war
Same vibes…