Chinese people are one of the world’s biggest savers, with a national savings rate of 45.7 per cent, according to the International Monetary Fund. Photo: Bloomberg
Are China’s capital flight controls raising investment risks and cutting returns for Chinese investors?
- Asian Development Bank Institute’s CEO Naoyuki Yoshino warns that Chinese citizens’ asset risks cannot be mitigated with limited investment channels at home
- Despite the US-China trade war truce, slowdown in economic growth is expected to continue till 2020, according to analysts
Chinese people are one of the world’s biggest savers, with a national savings rate of 45.7 per cent, according to the International Monetary Fund. Photo: Bloomberg