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Yuan to fall 3.5% by year-end if China sentiment stays negative

But a falling yuan is not a one-way bet as, globally, things could well turn around with the country's capital outflows even reversing.
Wednesday, March 16, 2016 - 05:50

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WHILE financial markets have expressed concerns over China's rapid corporate foreign debt build-up, which was estimated at US$1 trillion, or 9.3 per cent of GDP in 2015, many Chinese companies have started repaying their foreign borrowing since the second half of last year.

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