TechFlow news, January 11 — Zhao Wei, Chief Economist at Shenwan Hongyuan, stated at the annual China Chief Economists Forum that the renminbi has already entered an appreciation phase in 2025. He boldly predicted that starting from 2026, over the coming years, the renminbi may appreciate by at least two to three percentage points annually, reaching a cumulative appreciation of more than 30% over approximately ten years. During this process, the stock market will also benefit.
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