China's Capital Flight

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We're looking at the growing pressures on China's economy. More than three quarters of a trillion dollars leached overseas last year, despite the government's best efforts to limit capital flight. A new year and new government rules, but can the central bank stop faith dwindling in the world's second biggest economy? And should they even be trying? We hear from a Chinese money-smuggler, ordinary citizens concerned about corruption, and from the BBC's Asia-Pacific regional editor, Celia Hatton, who believes there's mounting anxiety about the capital flight problem in Beijing. Also in the programme we speak to Sebastian Mallaby, a biographer of perhaps the most influential central banker of our time, the former Federal Reserve chairman Alan Greenspan. (Photo: A Bank of China teller holds up 100 renminbi notes, Credit: Getty Images)