Capital outflow risks 'manageable'

Investors inclined to sell yuan as US Federal Reserve ends quantitative easing policy

China is facing growing pressure of capital outflows, but such risks are manageable as the country is likely to post a current account surplus this year, the nation's foreign exchange regulator said on Thursday.

The country recorded a deficit of $46.5 billion in foreign exchange settlement by Chinese banks in the fourth quarter, nearly tripling the amount of $16 billion in the third quarter, the State Administration of Foreign Exchange said.