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
Topic |   China economy

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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
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Wang Jie said his Yintong Shoes factory in Dongguan has continued to lose orders from the US in recent months. Photo: AFP

Trade war truce does little to boost public confidence in China due to lack of trust in ‘flip-flopping’ Trump

  • President Xi Jinping and US counterpart Donald Trump agreed to a truce in the trade war at the G20 summit in Osaka, Japan, on Saturday
  • Trump also said some restrictions against Huawei would be eased, but the moves did little to alleviate fears of online users, exporters and manufacturers
Topic |   US-China trade war

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Wang Jie said his Yintong Shoes factory in Dongguan has continued to lose orders from the US in recent months. Photo: AFP
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