Chinese Assets Appeal Eroded by Dollar Strength, U.S. Rates.

Keywords: %CNH; %CNY; 3908@HK; ALLTOP; ASIA; ASIATOP; BON; BUSINESS; CHINA; FRX; GOV; MARKETS; NORTHAM; STK; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN %CNH %CNY 3908@HK ALLTOP ASIA ASIATOP BON BUSINESS CHINA FRX GOV MARKETS NORTHAM STK TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU Chinese assets are losing their shine after an impressive start to the year, overshadowed by a stronger dollar, higher U.S. Treasury yields and a domestic campaign to cut financial risk. "People believe the U.S. economy will recover strongly in the next two years and that's what stocks and bonds have been pricing in." Zhou said he expects the yuan to weaken to 6.83 per dollar by the end of this year, from around 6.56 Friday. [Extracted from the article]