JPMorgan & Chase Co.’s chief Asia strategist Adrian Mowat: capital outflows from China could hit $500 billion this year

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27 January 2016

JPMorgan & Chase Co.’s chief Asia strategist Adrian Mowat: capital outflows from China could hit $500 billion this year

JPMorgan & Chase Co.'s chief Asia strategist, Adrian Mowat, said on Tuesday that capital outflows from China could hit $500 billion this year. He noted that while China's central bank tries to control the yuan's fall, those holding assets denominated in the yuan could sell to avoid losses.

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