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Reduced capital outflows from China suggest improving sentiments: Pictet

A significant reduction in capital outflows from China following a mass post-devaluation exodus signals improving sentiments, including the start of foreign investor bullishness, according to Pictet Wealth Management. Capital outflows slow The bank estimates that capital outflows from China totalled US$166 billion, compared to US$500 billion and US$761 billion in 2016 and 2015, respectively. In fact, three months in 2017 registered…

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