The Dynamics of a Crisis

MNCs might have things like cash reserves that they could theoretically transfer offshore from China, assuming capital controls some blockage. But a lot of their assets are going to be fixed assets, like factories, right? So you can't actually liquidate that. I think the time to plan for that was years before this happened. The key question is, what do you do with your in-country personnel, particularly those that are foreign nationals? Within a few days, you could see widespread evacuations of foreign personnel from MNCs flying out of China. And also in Taiwan, we should add.