A vessel loaded with containers approaches the Yangshan Deepwater Port, off Shanghai, on July 12. China’s exports have exceeded market expectations for five consecutive months. Photo: Bloomberg A vessel loaded with containers approaches the Yangshan Deepwater Port, off Shanghai, on July 12. China’s exports have exceeded market expectations for five consecutive months. Photo: Bloomberg
A vessel loaded with containers approaches the Yangshan Deepwater Port, off Shanghai, on July 12. China’s exports have exceeded market expectations for five consecutive months. Photo: Bloomberg
Sylvia Sheng
Opinion

Opinion

Macroscope by Sylvia Sheng

Why the yuan could soon shake off its sluggishness against the US dollar

  • Demand for Chinese exports and bonds is likely to grow in the coming months as economies recover and Chinese yields continue to stand out. But US-China tensions remain a key risk

Sylvia Sheng
Sylvia Sheng

Updated: 4:09am, 29 Aug, 2020

Why you can trust SCMP
A vessel loaded with containers approaches the Yangshan Deepwater Port, off Shanghai, on July 12. China’s exports have exceeded market expectations for five consecutive months. Photo: Bloomberg A vessel loaded with containers approaches the Yangshan Deepwater Port, off Shanghai, on July 12. China’s exports have exceeded market expectations for five consecutive months. Photo: Bloomberg
A vessel loaded with containers approaches the Yangshan Deepwater Port, off Shanghai, on July 12. China’s exports have exceeded market expectations for five consecutive months. Photo: Bloomberg
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Sylvia Sheng

Sylvia Sheng

Sylvia Sheng, vice president, is a global strategist on the multi-asset solutions team, responsible for communicating the group's economic and asset allocation strategy, based in Hong Kong. Prior to joining J.P. Morgan, she worked as a China and Asia economist at Bank of America Merrill Lynch. She has a PhD in economics from the University of Cambridge and an MPhil and BA in economics from the same university.