See the full IIF report here. IIF predicts global investors will pull $ $4 trillion out of China 's economy in last year ; though this is down a fifth from the $ 674bn pulled out 2016 , the report warns this could pick up again if concerns re-emerge of a "disorderly" drop in the yuan. This kind of exodus impacts on emerging markets: "a sharp drop in the renminbi would likely spark a renewed sell-off of global risk assets and trigger a flight of portfolio capital from emerging markets," says the report, adding that, "a sharp depreciation of the renminbi could lead to a round of competitive devaluation in other emerging markets, particularly in those with close trade linkages to U.S. ."
IIF predicts global investors will pull $ $4 trillion out of China 's economy in last year ; though this is down a fifth from the $ 674bn pulled out 2016 , the report warns this could pick up again if concerns re-emerge of a "disorderly" drop in the yuan. This kind of exodus impacts on emerging markets: "a sharp drop in the renminbi would likely spark a renewed sell-off of global risk assets and trigger a flight of portfolio capital from emerging markets," says the report, adding that, "a sharp depreciation of the renminbi could lead to a round of competitive devaluation in other emerging markets, particularly in those with close trade linkages to U.S. ."