Foreign investors pulled a record amount of money from China last quarter.
China’s direct investment liabilities in its balance of payments dropped almost $15 billion in the April-June period, marking only the second time this figure has turned negative, according to data from China's SAFE released Friday. It was down about $5 billion for the first six months.
Should the decline continue for the rest of the year, it would be the first annual net outflow since at least 1990, when comparable data begins.
Source: Bloomberg
Should the decline continue for the rest of the year, it would be the first annual net outflow since at least 1990, when comparable data begins.
Source: Bloomberg
![Foreign investors pulled a record amount of money from China last quarter.](https://sgsnsimg.moomoo.com/sns_client_feed/103055095/20240823/1724406546630-random8517-103055095-android-org.jpeg/big?area=101&is_public=true)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment