"For financially sophisticated members of the Chinese middle class, overseas markets became a hedge against China’s economic slowdown, political uncertainty and weakening domestic returns. The Institute of International Finance, a trade association based in Washington, estimated that resident capital outflows from China reached $809 billion in 2025, the highest level on record."
Beijing’s New Message to Its Citizens: Your Money Belongs at Home nytimes.com/2026/06/16/busin…