# China is attracting global investors' attention, boosting the yuan

> The yuan is on pace for its strongest month against the dollar since 2008, bucking a broader dollar strengthening in late September. Foreign investors have increased Chinese stock and bond purchases, with 10-year government yields topping 3%.

- Date: 2020-09-29 · published 2020-09-29T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/51322-china-is-attracting-global-investors-attention-boosting-the-yuan
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Capital inflows and a firmer yuan lower China's dollar-based import costs, supporting feed demand, though the direct effect on grain prices is limited.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2021-11-16 | [Chart Of The Day: China's Yuan Nearing 3-Year Highs \| Investing.com](https://feedsoft.ai/events/44274-chart-of-the-day-china-s-yuan-nearing-3-year-highs-investing-com.md) | +0.0% | -0.2% |
| USDCNY | 2017-01-05 | [China's Offshore Yuan is Bossing the US Dollar Around Today](https://feedsoft.ai/events/10253-china-s-offshore-yuan-is-bossing-the-us-dollar-around-today.md) | +0.1% | -1.0% |
| USDCNY | 2018-11-16 | [Is a Chinese yuan appreciation on the way? - CGTN](https://feedsoft.ai/events/62267-is-a-chinese-yuan-appreciation-on-the-way-cgtn.md) | +0.1% | -0.6% |
| USDCNY | 2018-01-26 | [In Global Currency Game, China Is Losing to U.S.](https://feedsoft.ai/events/11863-in-global-currency-game-china-is-losing-to-u-s.md) | -0.3% | +0.2% |
| USDCNY | 2026-05-22 | [Analysis: Where Is the Strengthening Yuan Headed? - Caixin Global](https://feedsoft.ai/events/19489-analysis-where-is-the-strengthening-yuan-headed-caixin-global.md) | -0.5% | -0.4% |

## Sources

- axios.com: https://www.axios.com/2020/09/29/china-yuan-global-investors

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.