Capital outflows are on track to reach 130 billion yuan per quarter in 2017, according to BAML. Visitors at a shop selling decorative souvenirs near Tiananmen Square in Beijing on September 9., 2016. Photo: AP

China’s capital outflows set to grow in Q3 and accelerate further in 2017, analysts say

Pace of capital exodus likely to pick up in the current and coming quarters, putting further downward pressure on the yuan, analysts say

Topic |   Yuan

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Capital outflows are on track to reach 130 billion yuan per quarter in 2017, according to BAML. Visitors at a shop selling decorative souvenirs near Tiananmen Square in Beijing on September 9., 2016. Photo: AP
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