China FX Outflows Soar As Beijing Prepares For Next Currency Devaluation, Priming Next Bitcoin Doubling China FX Outflows Soar As Beijing Prepares For Next Currency Devaluation, Priming Next Bitcoin Doubling Back in October 2023, when we pointed out that China’s FX outflows had just hit a whopping $75BN – the single biggest monthly outflow since …
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