1. Low Foreign Capital in China’s Stock Market, Now; Limited Financial Spillover Effects, Then

    xiaolin.su@prometeia.com, lorena.vincenzi@prometeia.com
    The sudden collapse of the stock market in China in July has caused great losses for millions of investors. While China has achieved substantial progress in capital account liberalization, the international investment position suggests that the amount of foreign portfolio investment still remains small as capital controls are relatively heavy in the securities and bond markets. In light of this, the spillover effect of the stock crisis from China is limited.


Prometeia Brief

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The upswing in the vehicle industry and the Milan Expo effect pulled the italian economy out of recession in the fisrt quarter of 2015. But whether the recovery will have spread into other sectors in the second quarte is stil uncertain. Positive signal are coming form labour market, while credit to economy is still in negative territory


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