Fears about capital leaving China are overdone. Recent pressure on the People’s Bank to sell foreign exchange appears to be the result of greater willingness among Chinese firms to hold on to their dollar receipts rather than a rush of capital heading offshore.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services