At Binance Square, everyone is used to watching K-lines and macro liquidity, but in fact, the movement of 'people' is the most fundamental 'release' of the economy.
China's rise over the past few decades is essentially a magnificent 'liberalization of population movement.' This is not only a geographical shift but also a redistribution of wealth. Today, we will discuss this topic, which has a profound impact on your account assets, in the most down-to-earth way.
1. The Era of Confinement: The 'Liquidity' That Is Locked Up
Before 1978, the life trajectories of Chinese people were essentially locked by a 'household registration book.'