Why capital is fleeing China and what it means for Australia
- Written by Alice de Jonge, Senior Lecturer, International Law; Asian Business Law, Monash University

Foreign reserves at the People’s Bank of China (PBoC), China’s central bank, fell for the fifth consecutive month in November, dropping by US$69.1 billion to US$3.1 trillion. This is a level not seen since 2011, with reserves shrinking more than US$500 billion this year alone.
The...
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