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China Capital Outflows Reach $500 Billion



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China Capital Outflows Reach $500 Billion

Post by Lobo on Wed 21 Oct 2015, 4:07 pm

China Capital Outflows Reach $500 Billion

Posted on October 21, 2015 by Martin Armstrong

The capital outflows from China have reached record levels of $500 billion in the first eight months of the current year. Following the devaluation of the yuan in August, this is putting more flesh on the bones of the reality of the Chinese devaluation. The Chinese intensified their capital outflows post-devaluation. So while some only want to focus on China selling U.S. long-term debt, they ignore the fact that the outflows far exceed the sales of dollar debt.
This entry was posted in China, China's Current Economy and tagged China, China's Capital Flow by Martin Armstrong. Bookmark the permalink.

    Current date/time is Thu 27 Oct 2016, 1:59 am