China's Capital Outflow to Slow, Standard Chartered SaysBy
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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