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Making sense of China’s economy
Dollar & Sense: The Brookings Trade Podcast
The Importance of Open Capital Accounts in China
There must be a lot of ways to get money out of China. So are those capital controls somewhat at risk? And is that a potential source for a financial crisis? Yes. Capital account controls can never be watertight, so over the years there's substantial leakage. But that said, I think they are largely effective so far in preventing sudden and institutional outflows.
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