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BofA Expects CN Fixed-Asset Investment to Rebound, Yuan to Strengthen to 6.8 Next Yr
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China's industrial, retail, and fixed-asset investment data for November fell below expectations. Bank of America Global Research forecasts that domestic demand in China will edge up in 2026 and 2027, while net exports will play a less important role compared with 2025. Moreover, Bank of America Global Research's estimate suggests that overall fixed-asset investment will rebound next year, while retail sales should perform better as policies continue to emphasize domestic demand. It also projects the yuan to strengthen to 6.8 by the end of 2026 and possibly reach 6.7 in 2027. AAStocks Financial News |
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