Foreign investors flee Chinese assets as market gloom persists.

Foreign investors have been selling Chinese securities for the last two years due to President Xi Jinping's policies and growing geopolitical tensions, and putting money in China is going to become riskier. International institutional investors have sold a net $148 billion of China's bonds since early 2022, and Chinese stocks have seen sharp declines, especially on exchanges in New York and Hong Kong. China's disappointing economic performance recently has been a letdown for foreign investors, and de-risking is becoming more commonplace.