The Morning Ledger: China’s Capital Control Changes Choke Global Assets

China’s seemingly insatiable demand for foreign assets has driven up prices for everything from U.S. Treasury bonds to global companies to luxury real estate.

Restaurant chains including Domino’s Pizza Inc., Dunkin’ Brands Group Inc. and TGI Friday’s Inc. are turning to complex debt deals that lower their borrowing costs, but at the price of losing control over their most valuable assets.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte