If the US dollar remains firm, then flows looking for an appreciation of the yuan will remain at their 2005 levels or lower and we're forecasting a more or less unchanged trade surplus.
Tim Condon
58 quotes about yuan follow in order of popularity. Be sure to bookmark and share your favorites!
Their job is to convince the Chinese that patience [on the yuan] is not infinite.
Morris Goldstein
As long as the yuan controls remain, China will have to keep on buying U.S. dollar assets. It's nothing to be too worried about.
Kazuaki Oh'e
We will further improve the yuan exchange rate formation mechanism and constantly make the exchange rate more responsive to market supply and demand.
Hu Xiaolian
It is going to put a lot of pressure on the US to get China to move further on yuan flexibility and to the extent that they don't, that's going to raise protectionist rhetoric in Congress.
Rebecca Patterson
We spend only 30,000 yuan to build our houses, but their homes cost 300,000 yuan.
Du Chongan
We're likely to break the 8 yuan per dollar level this month. The diplomatic atmosphere has played a role as it suits Chinese interests to move a little quicker as the U.S.-China relationship is at risk of deterioration.
Simon Flint
Even if the yuan ultimately needs to appreciate by 10 percent or more, it doesn't mean we need to do it all at once.
Yu Yongding
That argues for sustained yuan appreciation in the coming months, irrespective of dollar moves.
Royal Bank
As soon as we have market makers, banks will be given freedom to price dollars against yuan. They would definitely create a market. We expect the margin in which the yuan is traded will widen.
Stephen Green
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
Gary Becker
But at this point, it's too soon to know whether China will wait or whether it will allow additional moves [in the yuan] -- and therefore, what the impact will be.
Kristin J. Forbes
But we will be forced to war if the Legislative Yuan or a referendum approves a new constitution.
Xu Shiquan
Recent price action suggests the dollar-yuan is more loosely following the dollar.
Adrian Foster
If China wants to fend off political pressure, it would have to say it wants a more significant yuan appreciation.
Joseph Tan
The US market has gone up for the past (few) consecutive trading days and should provide further momentum for local shares to trade higher. There are no local news (leads) that may dampen trading mood. The focus will remain on H shares because of the yuan, with second-liners also drawing some attention from investors.
Conita Hung
This is a big potential market (for Chinese domain names), maybe valued at more than 10 million yuan (US$1.25 million) this year.
Liu Zhijiang
There's room for the yuan to move faster, China isn't likely to bow to international pressure. It's probably a face issue, it's a matter of timing.
Nizam Idris
China plans to increase imports, so it will tolerate gains in the yuan. A rising yuan will help to slow exports and help lower the cost of imports.
Xiao Minjie
It's clearly yen positive, especially when China is gradually allowing the yuan to appreciate day by day.
Craig Ferguson
When interest rates rise, the rate gap with the US will narrow and that will provide pressure for the yuan to strengthen.
Jeffrey Tan
The yuan rise is good, not only for property companies but for all yuan-denominated assets, including A-shares.
Chen Huiqin
The Japanese yen will become less of a driver for Asian foreign exchange and the influence of the yuan will grow.
Irene Cheung
China's trade surplus has become a structural feature of the economy, so while political pressure may grow, the economic argument for a stronger yuan is weak.
Tim Condon
Margins in China are razor thin and they may not be able to withstand much yuan appreciation. The export sector is vulnerable and the government is going to be very cautious in what it does and that's the message.
Jan Lambregts
Prices above 50,000 yuan will have some negative impact on demand, but in this bull market consumers may be forced to accept these levels.
Shen Haihua
It is in China's interest to allow the yuan to appreciate, as long as it's at a reasonable pace.
Gerd Haeusler
If we hit 12 billion yuan that would make us the 10th biggest maker of large-sized buses in the world.
Wang Wenbing
Given broad expectations that the yuan will at least appreciate to 7.8 against the dollar by the year-end, the market is likely to remain positive in the medium-term.
Liu Jingde
If China is happy to see local interest rates rise, then it's happy to see some tightening monetary conditions in general and therefore could arguably be more receptive of yuan reform.
Simon Flint
But what's more interesting is the U.S.-China deficit, especially with what's going on in Beijing just now. It's going to put a lot of pressure on the U.S. to get China to move (further on yuan flexibility), and to the extent that they don't, that's going to raise protectionist rhetoric in Congress, which I think is ultimately dollar-negative.
Rebecca Patterson
The Europeans are concerned that should China allow more appreciation in the yuan that we could see an acceleration of dollar weakness, and that could spill over into major markets, and we could see European currencies strengthening.
Sabrina Jacobs
A 30 percent appreciation of the yuan over the next year could be a destabilizing blow to their economy. That could lead to political upheaval. I don't know if at the end of the day you want that. And whether it's Wal-Mart or old line U.S. manufacturers or Silicon Valley, there are a lot of U.S. businesses that depend on low-priced Chinese inputs.
Jay Bryson
The central bank could scrap the way it automatically determines the closing rate of the yuan and determine it on its own.
Yu Yongding
All prices went up by about 1,400 yuan (per ton).
Chen Yonglin
China has been looking quite independently to make its regime more flexible. There will be a move to greater flexibility. The dollar is going to come significantly lower against the yuan this year.
Bhanu Baweja
It will definitely bring more pressure on the yuan, and hedge funds and hot money will take some action on this.
Zuo Xiaolei
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