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China Sees Largest Capital Outflows on Record, IIF Says

China Sees Largest Capital Outflows on Record, IIF Says
A Chinese bank worker counts stacks of 100 yuan (14.75 USD) notes at a bank in Huaibei, in eastern China's Anhui province on Aug. 4, 2010. STR/AFP/Getty Images
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Capital outflows from China in the first quarter were the largest on record, a new report (pdf) from the Institute of International Finance (IIF) found.

According to data compiled by the IIF, foreign investors sold Chinese equities and bonds, with local currency bonds representing a majority of the outflows.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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