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The Times of India
The Times of India
Business
Bloomberg

Yuan under pressure as capital is exiting China at the fastest pace in 7 years

China Beijing

BEIJING: Capital is exiting China at the fastest pace in more than seven years, piling extra pressure on the yuan.

The exodus has intensified in recent weeks as the nation’s teetering real estate industry casts a shadow over the world’s second-largest economy even after third-quarter growth surpassed economists’ expectations.

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