Chinese 100 yuan banknotes in a counting machine at a bank branch in Beijing. Photo: Reuters

Bond, stock connect schemes seen as playing crucial role in curbing yuan volatility

Analysts now expect to see a cut in its trade surplus as the economy becomes more consumption driven, meaning a rise in foreign goods being bought by Chinese, while domestic investors will invariably look more abroad to diversify their own portfolios

Topic |   Hong Kong Monetary Authority (HKMA)

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Chinese 100 yuan banknotes in a counting machine at a bank branch in Beijing. Photo: Reuters
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