Economics

Data You Need to Watch to Predict Where the Yuan's Going

Photographer: SeongJoon Cho/Bloomberg
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The outlook for China’s currency eventually comes down to economic data -- and those aren’t looking quite as grim as the trade war headlines would suggest.

The yuan, Asia’s worst-performing currency after falling more than 6 percent since June, will likely be supported by an improvement in the economy through year-end and an inflow of money as foreign investors buy onshore bonds. In addition, capital controls and the still-growing foreign-exchange reserves should provide support.