China’s SAFE: Yuan exchange rate prominently stable despite the US dollar strength. China USDCNY Macroeconomics
Companies' cross border financing in H1 remains stable.International capital has been flowing out from emerging markets recently.Volatility of China’s bond market far below other developed and emerging markets, shows relatively high stability.Confident overseas investors will continue to steadily increase investment in yuan denominated bonds.Impact from such profit remittance on cross border capital flow is under control.
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