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Foreign Cash Flees China as Investors Shun Autocracies – Nikkei

Market data shows foreign investors sold a net 38.4 billion yuan ($6.04 billion) of Chinese stocks and bonds in the January-March period, one of the highest such quarterly figures on record


Man counts Chinese yuan
China is in a position to keep normal monetary policy and positive interest rates and maintain growth of the economy, People's Bank of China Governor Yi Gang said. Photo: Reuters

 

Overseas money is starting to pull out of Chinese markets after the risk of investing in autocratic countries was starkly highlighted by sharp drops in Russia’s currency and securities prices following its invasion of Ukraine, Nikkei Asia reported.

Market data shows foreign investors sold a net 38.4 billion yuan ($6.04 billion) of Chinese stocks and bonds in the January-March period, one of the highest such quarterly figures on record.

Read the full report: Nikkei
 


 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.