Capital account liberalization—that is, easing restrictions on capital flows across a country’s borders—provides a big part of the answer. But while the increase in these flows since the ...

As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...

China’s capital account, which tracks flows of capital in and out of the country, saw a record outflow last year as investors looked for better returns abroad. As a result, payments made by ...