People walk along Qianmen Street in Beijing on October 5 during China’s “golden week” holiday. Photo: AFP People walk along Qianmen Street in Beijing on October 5 during China’s “golden week” holiday. Photo: AFP
People walk along Qianmen Street in Beijing on October 5 during China’s “golden week” holiday. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

China’s economic recovery is bolstering yuan strength, and will continue to do so

  • China remains the bright spot amid global gloom, with other major economies struggling not only to contain Covid-19 but also revive jobs through stimulus
  • Investor confidence in Chinese assets provides solid ground for the renminbi’s outperformance

People walk along Qianmen Street in Beijing on October 5 during China’s “golden week” holiday. Photo: AFP People walk along Qianmen Street in Beijing on October 5 during China’s “golden week” holiday. Photo: AFP
People walk along Qianmen Street in Beijing on October 5 during China’s “golden week” holiday. Photo: AFP
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