The yuan will stage a comeback this year as China’s government boosts spending to revive economic growth, according to two of the currency’s top three forecasters. Swissquote Bank SA and Nomura Holdings Inc., which placed second and third in the latest rankings compiled by Bloomberg, predict gains of 1.7 percent and 1.5 percent, respectively, this year. Top-ranked Credit Suisse Group AG sees a 0.7 percent decline. The yuan declined 2.4 percent in 2014 in its first loss in five years. “We’re going to see a relatively strong and decisive move from policy makers, both from a monetary policy standpoint and in terms of further infrastructure spending,” Peter Rosenstreich, head of market strategy...
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