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CHINA: Strengthening renminbi may encourage loosening of capital controls

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The renminbi has strengthened 8% against the dollar over the last year, driven by a resurgent trade surplus and strong flows of foreign investment into China's onshore bond market.
Capital outflow restrictions may be loosened this year, as regulators seek to balance inbo...

 

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CHINA: Strengthening renminbi may encourage loosening of capital controls

The renminbi has strengthened 8% against the dollar over the last year, driven by a resurgent trade surplus and strong flows of foreign investment