In the third quarter, the yuan appreciated 3.9 per cent, its best in more than a decade. Photo: Chinatopix via AP In the third quarter, the yuan appreciated 3.9 per cent, its best in more than a decade. Photo: Chinatopix via AP
In the third quarter, the yuan appreciated 3.9 per cent, its best in more than a decade. Photo: Chinatopix via AP

Yuan

China eases rules, widens US$222 billion inbound investment path, offering the renminbi as a safe haven against global volatility

  • China will simplify approval procedures and allow investments in a wider array of yuan assets under the quota-free qualified foreign institutional investors (QFII) and the renminbi-QFII (R-QFII) programmes
  • The appeal of local assets should increase with the yuan and stocks on a roll, analysts say; pitfalls exist in some corners of the market

Topic |   Yuan
In the third quarter, the yuan appreciated 3.9 per cent, its best in more than a decade. Photo: Chinatopix via AP In the third quarter, the yuan appreciated 3.9 per cent, its best in more than a decade. Photo: Chinatopix via AP
In the third quarter, the yuan appreciated 3.9 per cent, its best in more than a decade. Photo: Chinatopix via AP
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