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China stems outflows, but what's next?
News, Christopher Balding, Published on 12/04/2017
ยป Is China finally making headway in its battle against currency outflows? On the surface, yes: People's Bank of China foreign exchange reserves are effectively unchanged since December at US$3 trillion, and data for February released by the State Administration of Foreign Exchange showed a significant narrowing of net outflows of capital based on international bank settlements and sales.
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