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Tag: Yuan slumps

Global fund launches touch a record in China as yuan slumps

Posted on May 31, 2024 By admin
Global fund launches touch a record in China as yuan slumps

Eleven funds, under the Qualified Domestic Limited Partner programme, have been launched so far this year. File | Photo Credit: Reuters Global fund launches in China have hit a record as a weakening yuan and fragile economy drive demand for foreign assets, in the latest sign of low confidence among domestic investors. Eleven funds issued…

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