Capital Outflow News Today

of japanese seafood during that one—on—one. lets bring in bates gill, senior fellow at the national bureau of asian research. obviously, its an important gathering of these three important east asian countries. first time they met in a number of years. i think the summit itself is importantjust for itself is importantjust for its symbolism and effort on its countries that have serious differences among each other. to sit down and meet expectations are relatively low. i think its go...

Report. Going going gone the Chinese Investor is hungry for business in europe and the us but billions of Dollars Worth of deals are cancelled we reveal why. A new white knight for takata but investors are not impressed so what now for the japanese airbag maker . Welcome to World Business report. Im Sally Bundock also in the programme more us tech giants submit their legal documents condemning trumps labour restrictions. The political events of 2016 may have ignited an unprecedented period of un...

Asian artists and galleries are getting more attention in the West.

(Bloomberg) -- There is quiet yet mounting speculation in financial markets that China will need to take an extreme and highly controversial measure to support its moribund economy — devalue the yuan in a big-bang move. Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoBlade to Offer Luxury Bus Service to Hamptons at Fare Up to $275Yen Watchers Ask When Japan Will Step I...

Foreign investors have yanked about $29 billion out of the Chinese stock market this year as prospects for the economy have darkened.

We may have come a long way to a stage where large global asset managers hold Indian stocks, government bonds find a place in international indices, and foreign venture capitalists bet on local startups. But there is an unstated anxiety in the government, percolating down to the regulators, that lifting the controls could trigger a rush of outflows and spoil the show.

China has reported its first-ever quarterly deficit in foreign direct investment (FDI), with a deficit of $11.8 billion in direct investment liabilities during the July-September period. This deficit is attributed to capital outflow pressure and Western governments "de-risking" moves in their dealings with China.

The currency has been hammered from all fronts as money leaves its financial markets, global companies look for China alternatives and a revival in overseas travel hits services trade.

"Global markets look at China in a new light," tweeted Robin Brooks, chief economist at the Institute of International Finance.

International investors pulled almost $11 billion from Chinese stocks over the 13 days through Wednesday. That's the longest stretch of outflows in data going back to 2016, according to Bloomberg.