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China Outflows Said To Surpass A Staggering $300 Billion In Under Three Months | Zero Hedge

Whether Janet Yellen admits it or not, you can bet that going into today’s most important Fed meeting ever (until the next one) the supposedly “data dependent” FOMC has taken a good hard look at what’s happening in China in the wake of Beijing’s not-so-smooth transition to a new currency regime. A fresh look at the data suggests outflows from July through mid-Septemeber total more than $300 billion.

Source: China Outflows Said To Surpass A Staggering $300 Billion In Under Three Months | Zero Hedge


Categorised as: interesting

Posted by: Kramer

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