Fund Managers

Citi sees promise of institutional investor sales in China

The US bank adds three new hires in Shanghai and reports a 50% year-on-year increase in flows from domestic institutional investors, both in renminbi and foreign currency bonds.

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The Chinese yuan is:



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Overvalued versus the dollar
  22%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  29%
TOTAL VOTES: 65
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May 2012 Magazine
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