$ 1.5 billion emerging markets in July

Weak global demand and a slowdown in the manufacturing sector led to the $ 1.5 billion divestment of emerging market equities, to the exclusion of China, in July, according to data from the Institute. international financial institution.

Flows to Chinese equity markets reached $ 2.7 billion during the month, while bond market flows to all emerging economies reached $ 23.1 billion. Prospects for capital inflows into emerging markets outside China remain challenging given the large volume of speculative capital absorbed by these markets in recent years, the institute said.