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Foreign cash flees China as investors shun autocracies

HONG KONG/TOKYO -- Overseas money is starting to pull out of Chinese markets after the risk of investing in autocratic countries was starkly highlight

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HONG KONG/TOKYO – Overseas money is starting to pull out of Chinese markets after the risk of investing in autocratic countries was starkly highlight

Highlights

  • Overseas money is starting to pull out of Chinese markets after the risk of investing in autocratic countries was starkly highlighted by sharp drops in Russia’s currency and securities prices following its invasion of Ukraine.
  • Sharp drops in Russian’s currency, securities prices were seen following Ukraine’s invasion of Crimea.
  • The risk of an autocratic country is starkly highlighting in China’s markets, according to experts at the World Institute for Human Rights Studies in China and Russia’s UNICEF said in an interview with CNN.com’s Jim Boulden.com.com/Jane Yang.com: China is a big growth market for the U.S.
  • market.