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China is experiencing a significant cash outflow, losing billions for the first time in two years, with more money leaving the country than entering. This trend is attributed to a rise in imports and a decrease in exports, leading to empty shipping containers at Chinese ports. The net outflow amounted to $11.2 billion from October to December last year, as reported by Japanese media outlet McCain. The shift is raising questions about the implications of China's strict zero-COVID policy and other contributing factors. The data indicates that during this period, China spent more on foreign purchases than it earned from exports, marking a notable economic change.