You are here

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.


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.

This is

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom