Beijing has initiated measures to retain wealth, technology, and talent within its borders. This response follows the unprecedented capital outflow of $1 trillion from China last year. Concerns over capital flight have led to the implementation of strict controls by China’s leaders under the guidance of Xi Jinping.
These measures include tightening regulations on the purchase of stocks, real estate, and insurance policies outside China. The move signals a focus on internal consolidation rather than addressing the underlying issues prompting wealth to leave the country.
Lightning strikes in Beijing on June 16. (Maxim Shemetov/Reuters)
British Police Arrest Man Suspected of Terror Plot 
Activists Push for Nationwide Ban on Child Marriage in the U.S. 
Investigation into Alleged Incident at Cornell University 
Rising Drone Threats Highlight Vulnerabilities in Moldova’s Airspace Defense 
Bolivia Faces Security Test Amid Unrest 
Incident on FlyDubai Flight Raises Security Concerns