Goldman Sachs note yuan outflows quicker in March (also BBG on China Share Drop)

Author: Eamonn Sheridan | Category: News

A couple of pieces on China:

Goldman Sachs economists:

  • China's net capital outflows accelerated in March to $13 billion ($7bn in February, and monthly average of $55bn in H2 of 2016)
  • Funds getting out of yuan at a faster pace

(ps. this from yesterday: China's SAFE: Pressure on capital outflow eased significantly in Q1)

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Also: Yuan Calm at Risk of Ending as China Share Drop Darkens Mood

  • Bloomberg saying Further equity declines could have a contagion effect on the currency

More here