Hints and tips:
...If China’s opening is staggered in the way we expect, without any outbound tourism, that will be risk-on and good for the domestic economy, which will send the renminbi higher against the dollar,” said Danny...
...Danny Suwanapruti, head of Asia emerging markets foreign exchange and rates strategy at Goldman, said that “it’s a win-win for everyone if they can make it work and the incentives are now more aligned for...
...Reporting by Kate Duguid and Eric Platt in New York, Adam Samson, Naomi Rovnick, George Steer and Ian Johnston in London, and Hudson Lockett in Hong Kong...
...Additional reporting by Nian Liu in Guangde and Hudson Lockett in Hong Kong...
...Goldman Sachs analyst Danny Suwanapruti has forecast global inflows into China’s renminbi-denominated onshore debt market will reach $140bn in 2021, up from about $130bn last year....
...The country “has hit a key milestone in terms of access and tradability that’s going to attract a lot of investors”, said Danny Suwanapruti, head of Asia emerging markets foreign exchange and rates strategy...
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