US capital flight from China will take years to reverse: experts

Washington’s policies to curb US investment in China has impacted assets under management in several large funds, and a shift in flows could take years, despite the upcoming US election.

Sino-US tensions are driving US funds out of China and it will take years to reverse the situation, a senior wealth manager is predicting. The flight of US money out of China is likely to accelerate, because analysts see a high likelihood of more actions by Washington to discourage US investment in China, whether Joseph Biden or Donald Trump wins the US election in November.

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