Even investors in China are bailing on Chinese markets and shifting their money overseas.
Most of that Chinese money has been flowing into dollar assets, according to Bloomberg.
The outflow by Chinese investors is the latest indication that markets are souring on the economy.
Last month, foreign investors sold Chinese stocks at a faster rate than in the prior month.
In fact, foreign investors have dumped a vast amount of Chinese assets over the last two years, according to the Atlantic Council.
Persons:
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Organizations:
Bloomberg, Service, PY, Federal Reserve, People's Bank of China, Atlantic Council, Henley, Wealth
Locations:
China