2016-06-21

Bank Data Shows China Outflows At Double Pace in 2016

It took until November 2015 for China to see as much capital outflow through the banking system as it has seen through May. This number shows excess of payments for imports/foreign investments versus receipts through the banking system, which isn't a pure estimate of the outflow (Chinese data being what it is), but it does show whatever happened last year is happening to a larger degree this year.
Background to the number at Balding's World: Why China Does Not Have a Trade Surplus

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