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Wealth Tracker: Is the Chinese Yuan likely to appreciate moderately over the next five years?
Could the yuan start quietly gaining ground against the dollar over the next five years? China’s latest Two Sessions suggest the country is serious about its ambition to become a financial superpower, codifying rules that could boost the yuan’s international standing. From economic growth to trade surpluses and monetary policy, there are multiple forces at play. On Wealth Tracker, Hongbin Jeong speaks to Abbas Keshvani, Director (Asia Macro Strategy) at RBC Capital Markets, to find out more.See omnystudio.com/listener for privacy information.
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