These Numbers Reveal China’s Capital Flight Is Accelerating

But it’s not China that’s selling
These Numbers Reveal China’s Capital Flight Is Accelerating
A bank teller counts stacks of US dollars and Chinese 100-yuan notes at a bank in Hefei, Anhui province, China, on Jan. 16, 2011. STR/AFP/Getty Images
Valentin Schmid
Updated:

Sometimes accounting can hide an issue, sometimes it can bring problems to light. In China’s case of buying and selling U.S. Treasurys through Belgium, we can now see that capital outflows are accelerating.

With the real estate market in decline and loans for productive capacity turning sour, the only outlet left to invest in China is the soaring stock market.

Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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