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Capital is leaving China at a record rate
This is the second item on my list
If this works it will look cool
Capital is leaving China at a record rate
This is the second item on my list
If this works it will look cool
- Net capital outflows from China have accelerated sharply in recent months
- They are now running at a near-2015 rate
- The only real source of ‘inflows’ is a drop in prior foreign lending by domestic banks as they divert capital onshore – but even this can be interpreted as a sign of vulnerability