BMI Research: Asia Monitor: China & North East Asia Monitor: CNY: Still Bearish Versus The Market

December 2010
Asia Monitor: China & North East Asia Monitor;Dec2010, Vol. 17 Issue 12, p1
Country Report
The article reports on the currency forecast in China by Business Monitor International (BMI) Ltd. The People's Bank of China (PBoC) may be reluctant to see broad-based strength and dollar retracement that could weak the CNY trade. Moreover, the author presents the economic indicators of China which include the yuan appreciation against the U.S. dollar, foreign exchange reserves, and the trade surplus.


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