8 groups yuan depreciation will impact most

Updated: 2015-08-13 06:32

By Sun Chengdong(chinadaily.com.cn)

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No 7 Property investors

The appreciation of the yuan coincided with a property market boom since 2005, the anticipation of renminbi appreciation against the dollar led to a huge amount of US dollars flowing into China and invested heavily in the property market. The expectation of yuan devaluation will cause a flight of foreign capital in the property market.

8 groups yuan depreciation will impact most

Chinese homebuyers look at models of residential apartment buildings during a real estate fair in Shanghai, Dec 13, 2014. [Photo/IC]