Andrew Collier: China Is Tightening Capital Controls

Andrew Collier: China Is Tightening Capital Controls
A woman counts Chinese yuan bills worth thousands of dollars in Vancouver, Canada, on Oct. 27, 2015. Benjamin Chasteen/Epoch Times
|Updated:

Not very many people were interested in China in the early 1980s except for Andrew Collier and a few others. He went there as an exchange student from Yale just after the country’s reform and opening phase began. Later he built his career in finance, with China and Hong Kong as a launch pad.

Having followed the country for more than 30 years, Mr. Collier knows what’s happening on the ground as well as the macro currents that influence the economy and policy.

The Epoch Times spoke to the managing director of Orient Capital Research about capital controls, the local government bond swap, as well as renewed stimulus efforts.

It's definitely gotten harder to funnel money out of the country.
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
Related Topics