Slowdown in RMB appreciation to benefit dim sum market

Panellists at an AsianInvestor/FinanceAsia conference see rising focus on credit quality and expect more issuers to seek credit ratings before launching offshore RMB bonds.
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Renminbi tipped to appreciate 3-4% against the US dollar in 2012
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<div style="text-align: left;"> Renminbi tipped to appreciate 3-4% against the US dollar in 2012 </div>

The realisation during the past few months that the renminbi is not a one-direction currency that will appreciate for all eternity initially sent shockwaves through the markets as international investors suddenly had to factor in potential currency risk when making renminbi-denominated investments.

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