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8th Nov 2023 18:41China+, Daily Monitor

  • China saw a smaller decline of $13.8B in its FX reserves, to $3,101B, in October...
  • ...Thanks to a less significant valuation effect and lower capital outflows via the Stock Connects.
  • We expect capital outflows to moderate in Q4 as fundamentals strengthen on stimulus measures.

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Keywords for: 9 November 2023 China+ Monitor

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