IMF says emerging market capital inflows recover to 2018 levels

The IMF's External Sector Report indicated gross capital inflows into emerging markets, excluding China, hit $110 billion or 0.6% of GDP last year, the highest since 2018, amidst high U.S. interest rates. These markets showed resilience. China faced net outflows and negative FDI. Net portfolio inflows dipped; FDI held steady. (David Lawder; Franklin Paul)