The Blessing of the Outflow of Foreign Capital from China
KONTAN.CO.ID - JAKARTA. Foreign investors began to reduce their exposure to Chinese stocks. The outflow of foreign funds from the Bamboo Curtain country is likely to benefit a number of countries in the ASEAN market, including Indonesia.
The property crisis in China is considered to have the potential to spread to the country's economy. Foreign investors such as Morgan Stanley and Goldman Sachs also cut their targets for China's main stock index.
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