Chinese investors find ways to dodge Beijing's curbs on investing overseas

Hong Kong

WHILE Beijing has been busily damming up official channels for money to leave China, more than ever is leaking out through shady means as investors flee the country's slowing economy and weakening currency.

China's official foreign-exchange reserves fell more than half a trillion dollars last year and are still falling, with a loss of nearly US$46 billion in October alone, and the International Institute of Finance think tank estimates outflows doubled in the September quarter to more than US$200 billion.