USEUROPEAFRICAASIA 中文双语Français
Home / Business

Depreciation to boost investment

By Zheng Yangpeng In Beijing And Wu Yiyao In Shanghai | China Daily | Updated: 2015-09-04 08:15

Diversifying assets globally will help hedge currency risk

Far from deterring outbound Chinese property investment, leading international realty professionals expect the yuan's depreciation to actually increase industry activity.

Since August 11, when the People's Bank of China surprised the world by lowering the yuan's reference rate, the currency has declined by 3.3 percent against the US dollar before it rose a little in the past few days.

Depreciation to boost investment

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US