The Chinese government has been pulling out all the stops to woo investment from foreign firms, but the country maintains strict capital account controls over outbound payments. Photo: Reuters

China’s one-sided capital account controls face backlash as US weighs curbs on investment

  • Beijing’s policy of strict controls on outbound capital is facing backlash in Washington and causing potential investors to drag their feet, analysts say
  • White House is reportedly discussing ways to restrict US capital flows into China amid ongoing trade war
Topic |   China economy
The Chinese government has been pulling out all the stops to woo investment from foreign firms, but the country maintains strict capital account controls over outbound payments. Photo: Reuters
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