Study on the factors influencing capital outflow in China since 2014 based on Grey Relational Analysis

摘要

Since June 2014, China's foreign exchange reserves decreased sharply.Till December 2016, foreign exchange reserves of China has declined by 24.61%. In order to explore what led to capital outflows in China, this paper makes an empirical study on the influencing factors of China's capital outflow by Grey Relational Analysis. The conclusion shows that capital outflows have some relation with the RMB exchange rate, interest rate, domestic asset prices. These factors contribute to China's capital outflow. And then put forward related suggestions according to our research.