test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Industry News | Time: Jun 22 2017 3:59PM
[2017 China Yarn & Fabric Summit (The 6th Imported Yarn Forum)]Global macroeconomic situation and RMB exchange rate forecast
 
Text size
Xiao Lisheng, from Institute of World Economics and Politics, Chinese Academy of Social Sciences delivers his report of Global macroeconomic situation and RMB exchange rate forecast

Mr. Xiao firstly introduces the trend of macro economy. Major developed markets have shown signs of recovery, and the situation in emerging markets also improved since 2016. However, the economy also faces some pressures. China’s economic indicators were good in the first quarter of 2017, while other markets faced downward pressure, including geopolitical risks, potential fall in US economy, liquidity turning point and tightening financial regulations, etc.

Then Mr. Xiao explains the reasons of the slump in USD index, as well as the reasons of reform on RMB exchange rate. After adding the “Conversion period factor”, RMB depreciation pressure may lighten but the expectation will remain.
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Related Articles
Guotai Junan-CCFGroup holds MEG Salon in Hangzhou
[2019 PSF Industry Forum (The 7th Re-PET Forum)] Future development of China spunlace nonwoven market
[2019 PSF Industry Forum (The 7th Re-PET Forum)]
[2019 China Cotton Textile Forum (The 8th Imported Yarn Forum)]
[13th China Hangzhou Cellulose Fiber (Viscose) Industry Forum]
[2019 China Hangzhou Chemical Fiber Forum]
The 14th Tanboocel Union New Textile Material Exhibition opens in
CCFGroup Training in Monoethylene Glycol (MEG) Industry
[2018 Nylon & Spandex Industry Forum]
[China Packaging Materials Industry Forum (The 6th International PET Industry Forum)]
 
Research
PTA: H1 2019 market review and H2 market forecast
Brief analysis on the annual report of listed companies in ...
Polyester market in 2019: H1 2019 market review and H2 ...
Operation of China's textile and clothing companies in 2018
Rayon yarn market change on vortex-spun yarn operation
Development of nylon downstream sectors
 
 

浙公网安备33010902000742号