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Goldman Sachs: China needs stronger yuan and fiscal boost for growth

Goldman Sachs economists suggest China should allow its currency, the renminbi, to appreciate gradually to counter global trade barriers and boost domestic demand. Analysts Kamakshya Trivedi and Hui Shan noted that China's economy is bifurcated, with strong exports but weak domestic demand. They believe a stronger yuan would help rebalance the economy and mitigate protectionist pressures, especially from the US. AI

RANK_REASON The item is an analysis and recommendation from a financial institution regarding economic policy.

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Goldman Sachs: China needs stronger yuan and fiscal boost for growth

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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Ralph Jennings ·

    China needs a stronger yuan and ‘fiscal boost’ to boost near-term growth: Goldman Sachs

    China should let its currency appreciate gradually to safeguard against foreign protectionist moves and boost spending to support domestic demand to meet its economic growth targets, according to Goldman Sachs economists. Data in the first half of 2026 continued to paint a pictur…