Relevant:
- Why China Does Not Have a Trade Surplus, and RMB Implications
- With $21 Trillion, China's Savers Are Set to Change the World
- China's $175 Billion Outflow Wasn't Investor Flight, BIS Says
- China Switches to Supporting Yuan as Outflows Mount: Currencies
- China Outflows Said To Surpass A Staggering $300 Billion In Under Three Months
2015-10-20 — ft.com
Capital outflows from China topped $500bn in the first eight months of this year, according to new calculations by the US Treasury that highlight the shifting fortunes in the global economy.
...
"The US Treasury is clearly in an awkward position as a falling renminbi and a rising bilateral US trade deficit with China will stoke further domestic criticism of China's currency policy," he said.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
