Commentary For three years during COVID-19, money flowed into China while almost none flowed out. Now, the trend is reversing. Between 2014 and 2019, China experienced net capital outflows—meaning more money flowed out of the country than in. But beginning in 2020, with COVID travel restrictions and ratcheting control exerted by Chinese leader Xi Jinping,…
The Wealthy Are Getting Their Cash Out of China
March 31, 2023
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Business & MarketsBusiness Columnistscapital outflowsFDIforeign companiesforeign direct investmentOpinionThinking About China
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The Misnomer of Communist China’s Authoritarian Capitalism
September 2, 2021
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advanced technologybelt and road initiativebretton woodsChina’s Authoritarian Capitalismforeign direct investmentMade in China 2025OpinionThinking About ChinaViewpoints
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Commentary The long-term goal of the Chinese Communist Party (CCP) is world economic dominance in all spheres: manufacturing, trade, control of natural resources, policy, legal, technology, and more. With economic dominance comes geopolitical and military dominance. That goal was set long before Xi Jinping came to power in 2012-2013. Xi’s grandiose plans, including the Belt…
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