The increase in willingness to buy foreign-currency assets is in line with Chinese households’ reduced interest in buying overall liquid investment products, Bank of Communications says. Photo: Reuters

Chinese middle class expects yuan to decline amid trade war, eyes offshore investment to secure wealth

  • Poll conducted for Bank of Communications finds number of households planning to buy foreign-currency assets has risen by 4 per cent
  • Respondents have shown cautious stance on economy, investment prospects, analyst says
Topic |   China economy

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The increase in willingness to buy foreign-currency assets is in line with Chinese households’ reduced interest in buying overall liquid investment products, Bank of Communications says. Photo: Reuters
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