Swiss Economicblogs.org
Macroview The pace of capital outflows from China has slowed significantly since the central bank intervened in the market earlier this year. Capital outflow pressures remain, but are likely to stabilise at a moderate level going forward.We estimate capital outflows of about USD41 bn in August, roughly the same as in the previous month. This is a much more moderate level of outflows than previously. We estimate that, in all, outflows amounted to USD1.3 tn between Q2 2014 and Q2 2016, with...
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