Chinese workers check renminbi notes on the assembly line at a China Banknote Printing and Minting Corporation factory in Shijiazhuang, in north China’s Hebei province. Photo: AFP
Chinese workers check renminbi notes on the assembly line at a China Banknote Printing and Minting Corporation factory in Shijiazhuang, in north China’s Hebei province. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Why the wind behind the Chinese yuan’s strength is likely to die down in 2022

  • As yield differentials that previously favoured the yuan narrow, the currency market might see more reasons to favour countries such as the US that have tightened monetary policy, and, by extension, fewer reasons to hold the renminbi

Chinese workers check renminbi notes on the assembly line at a China Banknote Printing and Minting Corporation factory in Shijiazhuang, in north China’s Hebei province. Photo: AFP
Chinese workers check renminbi notes on the assembly line at a China Banknote Printing and Minting Corporation factory in Shijiazhuang, in north China’s Hebei province. Photo: AFP
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