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Fears of capital flight heighten with falling yuan

Policymakers are watching outflows closely and are also stepping up scrutiny of major outbound deals

Investors say the pressure on the yuan is nowhere near as extensive as it was late last year during the stock market slump and a surprise devaluation of the Chinese currency.


CHINA'S increasingly aggressive measures to clamp down on capital outflows will not have gone unnoticed by US hedge-fund manager Kyle Bass.

Mr Bass is famed for his successful bet against the US housing market in the global financial crisis, so markets monitor his comments...

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