$738bnAnnualised level at which private cash flight from China was functioning during the 3rd quarter of 2022

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A regulatory crackdown on non-public enterprises that lasted for around two several years from 2020, the ceaseless investigations into individual corruption and a way that China’s armed service Establish-up could one day bring about conflict are prompting China’s wealthy to seek out exit routes for their money.

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These stages are very well earlier mentioned outflows in the final quarter of more info 2019 — prior to the pandemic struck early in 2020 — which were going down at an annualised fee of $94bn.

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