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Indo-Pacific

China exit? Russia crisis has businesses thinking the unthinkable

Capital flight may have already begun as investors fear Taiwan contingency

How would the financial hub of Shanghai fare in a Taiwan crisis? Big capital outflows from China have been observed since the start of the Ukraine war.   © Reuters

TOKYO -- The invasion of Ukraine has sent multinationals and investors in Russia scurrying to the exits. But something else is happening to global capital flows.

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