TO GO WITH STORY BY JULIEN GIRAULT This picture taken on September 24, 2013 shows Chinese 100 yuan (RMB) bank notes being counted at a bank in Huaibei, in eastern China's Anhui province. With deals from London to Singapore, China is seeking to have its yuan currency used more widely around the world and challenge the hegemony of the almighty dollar. CHINA OUT AFP PHOTO

Trade war drives down China’s current account forcing new reliance on foreign investment

  • China’s current account balance for 2018 is expected to show a modest surplus before posting deficits in coming years
  • Shift will put increasing downward pressure on yuan exchange rate and greater need for foreign investment
Topic |   Yuan

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TO GO WITH STORY BY JULIEN GIRAULT This picture taken on September 24, 2013 shows Chinese 100 yuan (RMB) bank notes being counted at a bank in Huaibei, in eastern China's Anhui province. With deals from London to Singapore, China is seeking to have its yuan currency used more widely around the world and challenge the hegemony of the almighty dollar. CHINA OUT AFP PHOTO
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