SocGen: China looks stable…for now – ValueWalk Premium

SocGen: China looks stable…for now

At the beginning of the year, the entire financial world was obsessed with China , or more specifically, Chinese capital outflows. Betting against China became the #1 hot trade of 2016 during the first quarter. Wall Street analysts claimed that China would not be able to stop the tidal wave of capital leaving the country, which would force policymakers to abandon currency controls, letting the yuan collapse along with China’s financial system.

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