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Suitcases of Cash: Chinese Travel Data Hint at Capital Outflows – Bloomberg
Aggregated Source: China Travel - Google News

Bloomberg

Suitcases of Cash: Chinese Travel Data Hint at Capital Outflows
Bloomberg
The explosive growth of spending overseas by Chinese tourists dwarfs the increase in the number of Chinese traveling abroad. The most likely reason? Disguised capital outflows. So says former U.S. Treasury official Brad Setser, who drilled into the ...

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