$11 Billion Shifts Out of China Within 3 Months: Analysis | China In Focus

$11 Billion Shifts Out of China Within 3 Months: Analysis | China In Focus

$11 Billion Shifts Out of China Within 3 Months: Analysis | China In Focus

#China is losing #money to the tune of billions. For the first time in two years, more money left China than entered as imports grow and exports fall, and Chinese shipping containers dawdle around empty Chinese ports. What’s driving this trend? Is it all due to China’s draconian zero-COVID policy? Or are other factors at play?