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View Full Version : Chinese Banks' Forex Sales May Indicate Capital Outflows - Bloomberg



NewsWhore
05-15-2012, 11:20 PM
Chinese Banks' Forex Sales May Indicate Capital Outflows (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFmybS16w-d5FkK3EIe2Q2FtmgB7A&url=http://www.bloomberg.com/news/2012-05-16/chinese-banks-forex-sales-may-indicate-capital-outflows.html)
Bloomberg
China's central bank and commercial lenders sold more foreign currency than they bought for the first month this year in April, indicating capital may have flowed out of the world's second-biggest economy. Chinese banks sold a net 60.6 billion yuan ...

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