THE PRC HAS NO FUTURE:

An estimated $520 billion to $530 billion left the country in the first eight months of the year, according to a semi-annual report by the U.S. Department of the Treasury.

Outflows remain high despite government efforts to reassure investors who are worried about the country's economic slowdown, wild swings in the stock market and a sudden devaluation of the yuan earlier this year.

According to the Treasury, capital outflows totaled $200 billion in August alone. In 2014, only $26 billion left China in the first six months of the year.

China already limits the amount of money an individual can move out of the country to $50,000 per year. But last month, Beijing even clamped down on the amount of cash its citizens can withdraw from ATMs overseas, another attempt to stop money from leaving the country.

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