The Chinese government is intensifying efforts to keep money, technology, and talent within its borders. This move comes after capital outflows reached a record $1 trillion last year.

However, rather than addressing underlying issues causing the wealth exodus, President Xi Jinping’s administration is enforcing strict regulations. These measures limit the purchase of stocks, real estate, and insurance policies abroad.

This approach underscores the regime’s concern over losing financial assets and expertise as it seeks to maintain control over the country’s economic resources.