China’s Imports From Samoa Soar as Nomura Sees Outflows: Chart

Chinese investors may be hiding outflows in the guise of imports from global tax havens and offshore financial centers, according to Nomura Holdings Inc. Inbound shipments from countries including Samoa and the Bahamas have surged this year, along with those from Hong Kong, as Chinese households and companies seek to get around capital controls amid bets of a weaker yuan, Nomura economists led by Zhao Yang wrote in a note.

— With assistance by Tian Chen

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