The Yuan will be supported by economic fundamentals should data continue an upward trend from the start of this year, according to Guan Tao, former director of international payment department at the State Administration of Foreign Exchange. Guan said Jan-Feb results showed supply and demand were better balanced, and noted PMI for new export orders reached 51.3% indicating strong external demand. When analysing the Yuan FX rate, investors should not only look at Fed policy, but also consider the speed and quality of China’s economic performance, he added.