A spokeswoman fro SAFE (that's China's State Administration of Foreign Exchange)
- Says capital outflow pressures eased last year
- Q4 2016 outflow pressure was less strong than in the earlier part of the year
Speaking at a briefing
Meanwhile, December data out from SAFE:
- Chinese banks bought 858.3b yuan of foreign currency for clients in December
- & sold 1.16t yuan of foreign currency for clients
Net sold 298.3b yuan of Forex for clients in December
(numbers do not appear to add up ... oh well)