Via Capital Economics:
Net capital outflows from China edged up in July, but this was due to seasonal factors. Adjusting for these, outflows actually eased last month to a five-month low, helped by more rapid foreign investment into the country. Looking ahead, while outflows are likely to persist, we think they will remain manageable.
China’s balance of payments (BOP) — the most comprehensive source of data on capital flows — shows outflows of $47bn in Q2, similar to that in the first quarter ($45bn). A detailed breakdown will only be published next month and we will have to wait until November for preliminary figures for this quarter.
