Chinese investment in the US nearly tripled in 2016 compared

Chinese investment in the US nearly tripled in 2016 compared

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Replica Hermes More than 95 percent of the global trading volume in Bitcoin takes place on Chinese exchanges, and most of that is what’s known as capital flight, says Burniske.China’s economy has slowed in recent years, and its real estate and stock markets have at times fluctuated violently. As a result of these forces, and the expectation that China’s currency may lose value in the future kellybagonline.com, Chinese companies and investors have been eager to diversify their portfolios by moving their money into what they perceive as safer assets abroad.This has led to a massive outflow of cash from China.Chinese investment in the US nearly tripled in 2016 compared with the year before, according to tracking by research firm Rhodium Group. In total, some $762 billion exited China in the first 11 months of the year, according to Bloomberg Intelligence.The availability and the ease of transit of this currency makes it an attractive play for [people in] all these countries that are having these controls put on them.Some of this money left China legally, and some did not. Replica Hermes

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