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

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