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China markets: yuan down, stocks down, bonds faltering

But all is not entirely lost as some strategists see prospects of a turnaround for some assets

The Shanghai Composite Index will climb to 3,800 by the end of next year, according to the median forecast in a Bloomberg poll, implying a 23 per cent gain from Thursday’s close.

EXPECTATIONS OF WEAKER YUAN: In 2017, markets and analysts say there's a 62% chance for the Chinese exchange rate to weaken to 7 per dollar by the end of Q1, more than quadruple the probability seen three months ago. The currency will end 2017 at 7.15, according to analysts' median forecast in a separate Bloomberg survey.

THE China market scorecard doesn't make for great reading this year.

The yuan: down the most since 1994. Stocks: down the most since 2011. Bonds: clinging on to the smallest return in three years. But for some assets at least, strategists see prospects of a turnaround. The following is a...

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