
But a deep erosion of those reserves may set off further outflows and create turbulence in the markets. Such moves have trade-offs. Memes catalog The limits create concerns that the government is bai fang li tricycle back on reform efforts that China needs to keep growth humming in the decades to come. But the near-term pressure also requires serious attention, given the global shock waves. Now, with growth slowing, money is gushing out of the country. And the government has ...