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Coutts remains positive on AEJ equities, high grade Chinese bonds

Markets continue to falter amid capital flight and waning confidence but Coutts remains positive on Asia ex-Japan equities and Chinese bonds. Within Asia, the British wealth manager continues to favour China, India and Singapore. In China, Coutts believes the yuan’s status as the strongest global currency on a real effective exchange rate (REER) basis opens room for more weakening, preferring…

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