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China Faces Little Capital Outflow Risks: Journal

CHINA PRESS
MNI (Sydney)

China sees little risk of large-scale capital outflows despite the rise in U.S. Treasury yields and the appreciation of the dollar, the China Securities Journal said. China's economic fundamentals are solid with the growth forecast at 8.4% in 2021 according to the IMF, and its stable debt structure along with normal monetary policy will enhance the advantage of CNY assets, it said. China's opening policies will also overshadow any marginal capital flow pressure, the Journal said citing Zhang Yu, Huachuang Securities' macro chief analyst.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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