China to Limit Yuan in Poll Signaling No. 1 Economy
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Most global investors expect China to become the world’s biggest economy over the next two decades, and they are divided over whether that will help or hurt the economies of other industrialized countries.
There’s also a strong consensus that China won’t move very aggressively to increase the value of its currency by the end of next year, according to a global quarterly poll of 1,408 investors, analysts and traders who are Bloomberg subscribers. Almost seven in 10 expect China to revalue the yuan by a few percent or less against the dollar, rather than a surge like the yuan’s roughly 20 percent rise between 2005 and 2008.