Goldman says Beijing may favor gradual yuan appreciation
TradingView cites a Goldman Sachs note saying Beijing might favor a gradual yuan appreciation, tied to policy goals including high-tech growth and self-reliance in key inputs and technologies.
Beijing might favor a gradual yuan appreciation, according to Goldman Sachs in a note.
Beijing's stated economic policy objectives include further growth in high-tech sectors to "build a manufacturing superpower" and "self-reliance" in key inputs and technologies, and increased internationalization…