After record levels of U.S. investment from China in 2016, new
controls on capital outflow and investors» changing attitudes have slowed inflows, while domestic development in China has also shifted.
China has also tightened
controls on capital outflow to fund M&A by Chinese companies going outbound, so this has impacted law firm hiring.
Not exact matches
In the early 1970s, Australia's combination of a fixed exchange rate and a significant increase in
capital inflows prompted the introduction of temporarily stronger
controls on inflows, alongside reduced
controls on outflows.
On the other hand, China has significant external liabilities and growing
capital outflows, and can not afford to have its gradually managed currency decline spin out of
control, such that its foreign reserve buffer is compromised.