China's Capital Outflow to Slow, Standard Chartered Says

Updated on
  • Ding forecast yuan will trade at 6.5 per dollar by year-end
  • PBOC will intervene more to prevent `an overshoot' in currency

Chinese companies have repaid enough of their foreign-currency loans that their demand for dollars will drop in coming months, helping slow the pace of capital outflows and bolster the yuan, according to Standard Chartered Plc’s chief China economist.

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