Economics
China Capital Outflows Hit Record in August on Yuan Weakness
- $141.66 billion left China in August, eclipsing July record
- `Yuan weakness is a short-term thing,' PBOC researcher says
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Money is leaving China faster than ever, according to a Bloomberg gauge tracking capital flows.
An estimated $141.66 billion left China in August, exceeding the previous record of $124.62 billion in July, data compiled by Bloomberg show.