China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is little doubt that China rather actively managed its currency in 2023. For ...
China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has fallen 1.3% against the dollar and is nearing a 16-month low. A dollar now buys around 7.33 yuan. Many ...
China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a direct challenge to dollar hegemony. In recent weeks, a cluster of news reports ...
BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...
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