American and European Technology, Basic Materials, Industrials, and Consumer sectors have the most sales exposure to China. These sectors are likely to reap the greatest benefit from RMB appreciation. While stocks exposed to China outperformed in 2009, several still trade at attractive valuations, and they could see further gains based on the effect of the RMB de-peg on their sales.
- Regions: China, Europe, United States
- Authors: Amitesh Kumar
- Products: Datastream
- Keywords: currency, earnings, foreign exchange, revenues
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