Chinese Yuan Vs. China Errors and Omissions in Balance of Payments

To keep track of China capital outflows, we need to look at China’s "errors and omissions" line in its balance of payments. This number represents the residual of the main BOP accounts registering trade and investment flows—in other words, capital that has moved across China’s borders without being documented. The capital outflows accelerated in 2015 and that is when the Yuan started depreciating. So these two are correlated.