HONG KONG -- Chinese capital outflows under the guise of tourism look set to increase this year, after border restrictions were scrapped and the country logged nearly 40 million entries and exits in the first two months.
Economy
China travel resurgence raises prospect of higher wealth outflows
Experts say tourism used to skirt capital controls; post-reopening trips near 40m
Beijing Capital International Airport: Discrepancies in spending figures by Chinese tourists reflect individuals ferrying money overseas, Natixis says. © Reuters
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