About this work
Emerging markets received $5.5 billion in net portfolio investment in May 2024. Debt inflows of $11.5 billion outweighed equity withdrawals of $6 billion, including $0.7 billion from Chinese stocks. A positive headline balance therefore concealed substantial selling in equities rather than a broadly shared improvement in investment demand.
Abstract
Emerging markets received $5.5 billion in net portfolio investment in May 2024. Debt inflows of $11.5 billion outweighed equity withdrawals of $6 billion, including $0.7 billion from Chinese stocks. A positive headline balance therefore concealed substantial selling in equities rather than a broadly shared improvement in investment demand.
Cite this work
Jonathan Fortun (2024). IIF Capital Flows Tracker: June 2024. Institute of International Finance.