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Dr. Jean-Marc F. Blanchard's picture

Rethinking China’s Outward Cash Flow Crash: Politics in Command?

Not so long ago, the story of the day was about China’s inexorable path to buying up the world, with more than USD $200 billion of acquisitions in 2016 alone. Lately, however, those once focused about China’s global takeover have been dashing to explain the Chinese outward cash flow crash. The crash has involved an almost 43 percent drop in COFDI over the first six months of 2017 year-over-year (YOY).