Only time will tell which side of this story plays out. An interesting note in the article, is a window to the motivation behind this, "a bid to keep the country’s foreign reserves from dipping below $3-trillion, a line Beijing does not want to cross, he said. In November, China’s foreign reserves stood just $50-billion from that mark." Followed by, "Every month, Chinese people spend between $15-billion and $20-billion abroad on services such as tourism and education. It’s a huge cash drain."
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