1 Trillion Dollars of Capital Flight from China!!
With the December capital flows number out for China, in 2015 itself i.e. in the last 12 months there have been net capital outflows of more than US$ 1 trillion. In the last 18 months it has been US$ 1.3 trillion.
Its quite amazing to see such large amounts of capital outflows. Makes me wonder where is all this capital going?
Its quite amazing to see such large amounts of capital outflows. Makes me wonder where is all this capital going?
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Uday Tharar, GMO Emerging Markets Team
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