China expected to see US$538b capital exodus in '16

London

GLOBAL investors are expected to pull US$538 billion out of China's slowing economy in 2016, the Institute of International Finance estimated on Monday, although the pace of outflows has dropped.

That number would be down a fifth from the US$674 billion pulled out last year, the industry association said, but could accelerate again if fears re-emerge of a "disorderly" drop in the yuan, or renminbi.