China sees first net capital outflow in more than 2 years

Declines in exports and investment from overseas shrink inflows

20230221N China trade

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

IORI KAWATE, Nikkei staff writer

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.

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