China's Capital Flight Syndrome*

Jan 30th 2017, C.P. Chandrasekhar
The sudden collapse in reserves due to an outflow of capital in a country that was considered the favoured destination for FDI points towards the fact that China is now paying the price for the capital account liberalisation measures adopted with its entry into the WTO.

*
This article was originally published in the Economic & Political Weekly, Vol. 52, Issue No. 2, 14 Jan, 2017
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