China's Problem with Capital Outflows

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The past year has been a difficult one for the Peoples Bank of China, as they attempt to paper over the rapidly cracking façade that is the Yuan. Although capital flight has always been a thorn in the side of the regime, recent market turmoil has seen it accelerate to levels previously unseen. Subsequently, given that rate of decline in the country’s foreign currency reserves, there is mounting speculation that either a sharp fall in the value of the Yuan or increased capital controls could be

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