mark mobius
  • Emerging markets investing veteran Mark Mobius says China is restricting capital outflows. 
  • He told Fox Business' "Mornings with Maria' that he couldn't pull investment funds from his account in Shanghai. 
  • Mobius said he's been unable to get an explanation about the "crazy" restriction. 

Mark Mobius, a pioneer in emerging markets investing, said China is restricting investment outflows from the country, a move that would be taking place as the world's second-largest economy is trying to shake off pressure from COVID-19 lockdowns.