Mark Mobius says he cannot take money out of China due to capital controls

Mark Mobius says he cannot take money out of China due to capital controls

FILE PHOTO: Mark Mobius, executive chairman at Templeton Emerging Markets Group, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 17, 2017. REUTERS/Richard Brian

Billionaire investor Mark Mobius told FOX Business he cannot take his money out of China due to the country’s capital controls, cautioning investors to be “very, very careful” about investing in an economy under a tight government grip.

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