“Serious development problems, high unemployment rates and sliding consumer confidence” in the Eurozone, U.S. and Japan, along with slowing growth in emerging economies “present severe challenges,” according to the Chinese customs bureau.
Yuan currency funds include WisdomTree Dreyfus Chinese Yuan Fund (NYSEArca: CYB) and Market Vectors-Chinese Renminbi/USD ETN (NYSEArca: CNY).
iShares FTSE/Xinhua China 25 Index Fund
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Max Chen contributed to this article.