Exodus of capital from China signals ‘seismic’ change in global flows as investors grow wary of autocratic regimes

• China’s capital exodus is among the worst seen by emerging markets, said Robin Brooks, chief economist at IIF.
• That’s as global investors have grown wary of autocratic regimes, he tweeted on Sunday.
• “Global markets look at China in a new light,” Brooks added.

China’s capital exodus is among the worst seen by emerging markets, as global investors turn cautious on autocracies, according to Robin Brooks, chief economist at the Institute of International Finance.

In a series of tweets, he also said Russia’s invasion of Ukraine last year made investors question authoritarian regimes.