China’s capital outflows jumped in December increased by almost $50 billion from a month earlier, with the estimated 2015 total reaching $1 trillion. Outflows increased to $158.7 billion in December, the second-highest monthly outflow of the year after September’s $194.3 billion, according to estimates compiled by Bloomberg Intelligence. The total for the year soared more than seven times from $134.3 billion in the whole of 2014 to a record for Bloomberg Intelligence data dating back to 2006. Bloomberg’s chief Asia economist in BeijinG Tom Orlik said in addition to capital exiting the economy, exporters are holding funds in dollars instead of converting them to yuan.