TRouble with China’s FX Movements

The current narrative is that the China stock market scare is over and all is well with the world again. Not so according to this link. Foreign exchange outflows are actually accelerating but are being hidden from official data. All is not well in the Middle Kingdom. This should become obvious in the next six months.

http://www.zerohedge.com/news/2015-10-17/china-officially-sold-quarter-trillion-treasurys-past-year-unofficially-much-more-an