China's capital outflows set to hit record: Expert - Yahoo Finance: "Data released Monday showed China's foreign exchange reserves fell by $87.2 billion in November to $3.44 trillion. Evans-Pritchard's calculations suggest that fluctuations in exchange rates accounted for $30 billion of that reduction, leaving $57 billion in foreign exchange sales by the central bank.
Combining the foreign exchange sales with Capital Economics' trade surplus estimate of around $55 billion for November (official data are out Tuesday) leaves net capital outflows at $113 billion.
It is worth noting that these estimates can vary. Capital Economics reckons that net capital outflows stood at $86.3 billion in August, the month when China rocked financial markets by devaluing the yuan. In contrast, the U.S. Treasury believes capital outflows were closer to $200 billion during the month."
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