Overseas investors deposited US$9.1 billion into China’s equities in June, compared with outflows of US$19.6 billion in other emerging markets, the Institute of International Finance said. Photo: AFP
China, emerging markets suffering worst capital exodus in 7 years with US$4 billion net outflow in June
- Net total of US$4 billion withdrawn from emerging markets’ equities and bonds combined in June, the Washington-based Institute of International Finance (IIF) said
- China’s foreign exchange reserves also fell by a more than expected US$56.5 billion from a month earlier to US$3.07 trillion at the end of June
Overseas investors deposited US$9.1 billion into China’s equities in June, compared with outflows of US$19.6 billion in other emerging markets, the Institute of International Finance said. Photo: AFP
