China's yuan under pressure amid 'unprecedented' capital outflows following Russian invasion of Ukraine | South China Morning Post
Category: News & Politics
Via: jbb • 2 years ago • 2 commentsBy: South China Morning Post
Investors have pulled money out of China on a huge scale since Russia invaded Ukraine in late February, even as flows to other emerging markets held up, the Institute of International Finance says.
China Macro Economy China has seen large portfolio outflows from stocks and bonds since Russia invaded Ukraine in late February. Photo: EPA-EFE Link Copied Post China has seen large portfolio outflows from stocks and bonds since Russia invaded Ukraine in late February. Photo: EPA-EFE READ FULL ARTICLE
That giant sucking sound is investors leaving China!
It is back to eating fishheads for poor sad Chinese...