Global Investors Flee Chinese Stocks at Fastest Pace Since 2015

Global Investors Flee Chinese Stocks at Fastest Pace Since 2015
Pedestrians walk in front of a stock display board that shows the Hang Seng Index in Hong Kong on May 8, 2019 PHILIP FONG/AFP/Getty Images
Emel Akan
Updated:

WASHINGTON—The recent U.S.–China trade dispute has prompted the biggest capital outflow from Chinese equities in nearly four years. More than $6 billion of capital has fled China’s stock market since May 6, according to data compiled by the Institute of International Finance (IIF).

Tensions escalated between the United States and China when Trump wrote in a tweet on May 5 that he would increase tariffs on $200 billion Chinese goods to 25 percent from 10 percent. Trump accused Beijing of backtracking on its commitment to deliver structural reforms.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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