A little over two months ago, when official PBOC data revealed that not only had Chinese reserve outflow slowed down, but actually posted an uptick in October, we warned that “Capital Is Still Flowing Out Of China, Here’s How Beijing Is Hiding It“, in which we explained that in taking a page from the […]
Posts Tagged ‘infuriate’
Gold soars after China sells record amounts of reserves to defend its currency
January 7th, 2016 Awake Goy
Russian sanctions have had an immediate impact on Turkey’s economy
January 7th, 2016 Awake Goy
Escalating tensions and trade conflicts across the Middle East are going to hit Turkey disproportionately hard, US experts told Sputnik. In 2014, according to Turkish foreign trade statistics, exports to Russia were worth $5.9 billion while imports from Russia were worth $25.2 billion. “Disruption of trade and joint ventures for long-lived infrastructure can be […]