Tag Archives: China

China’s Outflow of Capital

Wealthy Chinese families are increasingly trying to move large sums of money out of the country, worried that the value of the Chinese currency will fall further and their savings will be worth less. Over the last year and a half, individuals and companies have moved about $1 trillion out of China. Those outflows have […]

China’s Economic Transition

A very large and growing economic base China joined a very exclusive club last year. Its economic output as measured by gross domestic product exceeded US$10 trillion, making it only the second country to achieve that. America exceeded the US$10 trillion level in 2000. Back in 1995, the size of the Chinese economy was about US$1 trillion […]