BEIJING -- Outflows of investment capital from China are growing, marking their biggest net decline in seven years and eight months in September. The trend is driven by foreign companies scaling back their operations in China and wealthy Chinese shifting funds abroad, analysts say.
Markets
Net outflow of funds from China hits 7-year high in September
Foreign companies scaling back, rich people shifting funds abroad drives trend
The yuan is facing downward pressure as foreign investors pull back from China and wealthy residents look to move their money abroad. (Photo by Yusuke Hinata)
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