The turnaround should strengthen Beijing’s hand if the US raises interest rates. Photo: Reuters The turnaround should strengthen Beijing’s hand if the US raises interest rates. Photo: Reuters
The turnaround should strengthen Beijing’s hand if the US raises interest rates. Photo: Reuters
China

China stems capital outflow after 22 months of bleeding money

Authorities in Beijing succeed in halting exodus of cash following near two-year battle

Topic |   China economy
Wendy Wu
Wendy Wu

Updated: 2:55pm, 20 Jul, 2018

Why you can trust SCMP
The turnaround should strengthen Beijing’s hand if the US raises interest rates. Photo: Reuters The turnaround should strengthen Beijing’s hand if the US raises interest rates. Photo: Reuters
The turnaround should strengthen Beijing’s hand if the US raises interest rates. Photo: Reuters
READ FULL ARTICLE