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Economist Targets 2H Yuan Strength - Yicai

CHINA PRESS

China’s currency may appreciate in 2H as the country's relatively strong economic fundamentals become important factors, according to Lian Ping, chief economist and research institute at Zhixin Investment. Writing in Yicai, Lian said the economy in H2 will display relative strength in consumption, investment and exports, and he expects a steady recovery of industrial production with favourable policies for private enterprises. Exporters are increasingly trading with RCEP partners, a factor that could create an export rebound in Q4.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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