Matthews Asia Country Updates: China, India, Japan, Korea & Southeast AsiaGuest Post
Matthews Asia Country Updates: China, India, Japan, Korea & Southeast Asia
China / Hong Kong
In December, the MSCI China Index returned -1.34%. Hong Kong's Hang Seng Index returned -0.36% (-0.33% in U.S. dollar terms) and China's domestic CSI300, the A share index, returned 4.63% (3.18% in U.S. dollar terms). China's currency, the renminbi (RMB), ended the year at 6.49 against the U.S. dollar, a devaluation of 5.8% since the end of 2014. The real effective exchange rate was still up 4.5% year . . .
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