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Xi to Give Boost to China Stocks But Not Yuan, Markets Survey Finds

Investors are more bearish on China than they were in May, expecting further declines in China’s currency and a persistent property crisis.

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A precedent-breaking third term in office for President Xi Jinping is expected to give China’s beleaguered stock market a welcome boost, but investors appear wary.

The yuan will continue to slide, while the property market crisis will fester for at least another 12 months, majority of MLIV Pulse survey respondents predict, making them more bearish on the world’s second-largest economy than they were in May.