The U.S. Dollar’s Dominance Is Being Stealthily Eroded

Bloomberg

China Sees ‘Unprecedented’ Capital Outflow Since War, IIF Says

(Bloomberg) — China has seen investors pull money out of the country on an “unprecedented” scale since Russia invaded Ukraine in late February, marking a “very unusual” shift in global capital flows in emerging markets, according to the Institute of International Finance.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves RussiaChina Plane Crash Update: Searchers Identify Parts of WreckageRussia Central Banker Wanted Out Over Ukraine, Putin Said NoWall Street Is Scrambl