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New Chinese Capital Control Measures Implemented by March 31, 2025?
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Resolution / Starting Odds
Yes • 50%
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Official announcements from the Chinese government or reputable news sources reporting on new capital control policies
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Chinese Residents in 'Quarter-Trillion Dollar Rush' Illicitly Move $254 Billion Overseas
Oct 23, 2024, 10:39 AM
Chinese residents, concerned about the country's economic growth, have been moving substantial amounts of money overseas using various methods, including cryptocurrency and fine art. According to The Wall Street Journal, as much as $254 billion might have left China illicitly in the four quarters through the end of June 2024. This capital flight, referred to as the 'Quarter-Trillion Dollar Rush,' is significantly larger than the outflows seen nearly a decade ago, which had previously raised fears of a potential financial crisis.
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