China central bank head – recent data shows significant easing in capital outflows

20 Mar, 2016 2:00 pm

BEIJING – China’s recent data has showed a significant easing in capital outflows from the country as concerns about a slowdown in the world’s second-largest economy abate, central bank governor Zhou Xiaochuan said on Sunday.

Some short-term speculative money may be leaving China, a reversal of the trend a few years ago when China saw big capital inflows, Zhou told a high-level economic forum in Beijing.

But such outflows are not worrisome, he added. -Reuters

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