ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China sees first net capital outflow in more than 2 years

Declines in exports and investment from overseas shrink inflows

China's exports declined in the fourth quarter last year, which contributed to the capital flight that period. (Photo by China Daily)   © Reuters

BEIJING -- China experienced a net outflow of funds in the last quarter of 2022 for the first time in 27 months, as exports declined and investments from abroad waned.

During the October-December period of last year, China saw a net $11.2 billion move out of the country, according to a Nikkei analysis of data from the country's State Administration of Foreign Exchange (SAFE), which tracks the monthly flow of funds through bank accounts.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more