Commentary For three years during COVID-19, money flowed into China while almost none flowed out. Now, the trend is reversing. Between 2014 and 2019, China experienced net capital outflows—meaning more money flowed out of the country than in. But beginning in 2020, with COVID travel restrictions and ratcheting control exerted by Chinese leader Xi Jinping,…

Commentary Twelve years ago, China was one of the fastest-rising economies. Beijing welcomed foreigners, and foreign employees were excited to be working there. Now, the country is losing its appeal. Growth is plateauing. COVID-19 recovery is slowing the economy. And a lot of the foreigners and companies that left because of the lockdowns are not…

News Analysis China is no longer the world’s manufacturer as U.S. and foreign companies are leaving in large numbers for a variety of reasons. Some of the factors that have caused companies to move their production facilities out of China include the following: the U.S.-China trade war and tariffs, intellectual property (IP) theft, sanctions imposed…