China outflows less to do with capital flight

7 March 2016 | 2 minutes read

Data from the Bank for International Settlements (BIS) shows that “persistent private capital outflows from China” since June 2014 may have more to do with Chinese firms paying down dollar debt. BIS added in a report that its analysis “favours” such a view, rather than one of “investors selling mainland assets en masse.” It said too that the outflows may…

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