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Foreign Money Leaving China: 8.8 Billion Dollars in October and One Hundred Billion in (the previous)Nine Months

The Institute of International Finance estimated that foreign investors pulled out 8.8 billion dollars from China’s financial market in October. Among that, 7.6 billion was from the stock market and 1.2 billion was from the bond market. Several regions were gaining capital investment, including Asia (excluding-China) (5.6 billion dollars), Latin America (2.6 billion dollars), and Europe (2.3 billion dollars).

Since the Russia’s invasion of Ukraine in February, about 105 billion dollars has been pulled out from China’s bond portfolio.

Source: Epoch Times, November 9, 2022