Why visiting China is important in 2024?👋 | Following the yuan

Visa's hard, exit bans are scary, there may be a war on the horizon. But physical visits can bring you more value than any second-hand information, including that from myself.

Janet Yellen is set to arrive in China tomorrow, merely eight months following her previous trip, to press on “industrial overcapacity”, a thorny issue that China worries about itself.

The arrival of U.S. Treasury chief coincides with the period when the unsettling issue of exit bans, office raids dominate news headlines of the China business world. Vis…