China's capital flows forecast to remain volatile in 2015

Shanghai

CHINA expects its cross-border capital flows to remain volatile this year after outflows accelerated in the fourth quarter of 2014, the country's forex regulator said on Sunday.

China's capital and financial account recorded a deficit of US$91.2 billion in the last three months of the year, the State Administration of Foreign Exchange (SAFE) said in a report on Sunday, up from US$9 billion in the third quarter.