As the Chinese economy slows down and the renminbi devalues, people are pulling their money out of China. But it’s not until you see how much money is fleeing China that you realise just how dramatic the intensity of capital flight has become.

Here is a chart from CLSA, in billions:

That’s more than $200 billion per quarter, as people unwind their purchases of renminbi, repay loans in dollars or otherwise funnel cash out of the country.

In total, during 2015, $676 billion left the country, according to the Washington-based Institute of International Finance (IIF). To put that in perspective, that read more >>>

Source : BusinessInsider.Com