‘Recovery will continue’

8 Jul 2010 | The Straits Times

THE global economic recovery will continue but at a slower rate than in the past two quarters and should avoid sliding back into recession, according to Credit Suisse analysts on Wednesday.

Rising yuan brings on smiles
Asian property and tourism to gain; China-based shipbuilders could lose out
23 June 2010 | The Straits Times

REGIONAL bourses and certain key sectors are set to reap healthy gains from an expected rise in China’s currency after Beijing indicated it would allow more flexibility for the yuan’s valuation.

Analysts point to a clear precedent in the period 2005 to 2008, when the yuan surged 19 per cent against the greenback as China adopted a managed yuan float.