Chinese Smurfing: Exodus of China’s Capital
For the past 30 years, China has attracted foreign investment, soaking up the world’s investment money – making China the largest recipient of foreign investment and developing it into the world’s second largest economy. Now, with growth slowing as foreign investors are moving to Southeast Asia, there is a massive exodus of capital. Last year, nearly 1 trillion dollars moved out of China. Smurfing has become the Chinese word of the day. What is smurfing ? Who’s doing it ? Why ? Join us for what’s new in Asia today. Presented by your Co-hosts and Contributors Russell Leu and Ray Tsuchiyama.
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The hosts for this episode were Ray Tsuchiyama, Russell Leu.
The hosts for this episode were Ray Tsuchiyama, Russell Leu.
The hosts for this episode were Ray Tsuchiyama, Russell Leu.