FT Alphaville

RSS

China continues to record capital outflow in May 2012

So demonstrates Also Sprach Analyst:

Taking trade surplus of May into account, capital flow was negative, implying an outflow of RMB95 billion, a second consecutive month of negative reading for this measure.  Since October 2011, a total of RMB447 billion has left the country even taking the positive flow in February and March into account, and that is already worse than capital outflow during the financial crisis in 2008.

(David)