Tighter capital controls have failed to weaken China’s appetite for investing overseas, according to a Financial Times Confidential Research investigation into the habits of individual outbound investors. Although the authorities have taken steps to constrain legal and illegal outflows over the past 12 months, 56.8% of Chinese outbound investors believe they will allocate more of their liquid wealth overseas in the coming two years. That result suggests the flood of Chinese outbound investment is only set to increase: 82.% of respondents had already allocated more than 10% of their household investable assets abroad. Outbound investment is no longer the preserve of China’s richest – “mass affluent” investors, with $90,440-$904,420 in liquid wealth, looking overseas to diversify their assets. On average, they invested 25.4% of their liquid assets offshore.