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View Full Version : China Currency Data Signals Unprecedented Second Month of Capital Outflows - Bloomber



NewsWhore
12-19-2011, 01:03 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGcffv0_Myq8SEp66eDgvAC54eUYQ&url=http://www.bloomberg.com/news/2011-12-19/china-currency-data-signals-unprecedented-second-month-of-capital-outflows.html)
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China Currency Data Signals Unprecedented Second Month of Capital Outflows (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGcffv0_Myq8SEp66eDgvAC54eUYQ&url=http://www.bloomberg.com/news/2011-12-19/china-currency-data-signals-unprecedented-second-month-of-capital-outflows.html)
Bloomberg
Forward contracts on the yuan weakened on concern that outflows of investment and a narrowing trade surplus will ease pressure on the currency to appreciate, even as US President Barack Obama calls for China to accelerate gains. ...

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