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Tag: Chinese currency

China Experiencing Worst Capital Flight in 7 Years, Manufacturers Also Hit Hard
Reeling from unrelenting COVID lockdowns, travel restrictions and movement curbs, China’s national economy and over 20 other emerging national markets are seeing the worst capital exodus in seven years, according to several expert analyses. One...
China Rolls out Private Pension Plan in Efforts to Tackle Economic Challenges Linked to its Aging Population
In a major move to address China’s growing elderly and aging population, Beijing has unveiled a private pension scheme that will allow people to invest their retirement funds into pension plan accounts. The scheme will...