2015-10-20ft.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.



Comments: Be the first to add a comment

add a comment | go to forum thread