新闻来源：www.bloomberg.com
原文地址：Yuan’s Rally Tested as China’s Economic Pain to Offset Fed Boost
新闻日期：2024-09-09
由于美联储降息，某些分析师认为中国经济困难、更高关税风险以及美中债券收益差距可能会限制美元持仓回归，从而限制人民币汇率进一步上涨。
在美国降息的情况下，中国公司的外资产变化正受到关注。然而，中国经济疲软、高关税风险和美中债券收益差距仍然存在，这些因素使投资者对投资回归中国的程度产生疑问，从而限制了人民币汇率的上涨空间。
原文摘要：
Firms may be slow to unwind FX holdings, capping yuan impact. Limited investment opportunities will weigh on repatriation. The yuan’s recent rally has limited room to extend as China’s economic woes may discourage the repatriation of dollar holdings following the Federal Reserve’s rate cut, according to some analysts. . Chinese companies’ foreign-asset holdings have been in focus amid expectations that lower interest rates in the US will bring some of those investments back home. There’s growing skepticism over the extent of that unwind given China’s economic woes, the risk of higher tariffs and a still-wide yield gap with the US, suggesting little upside for the yuan. .
