Why China is trying to put the brakes on a rising yuan
China's policy makers fired a “shot across the bow” of currency markets this week in a bid to slow the rise of its currency. The move might work in the short term, but fundamentals are likely to favor a stronger renminbi over the long run, analysts said. Last week ...
from Google Alert - Business https://ift.tt/3g9h9EJ
China's policy makers fired a “shot across the bow” of currency markets this week in a bid to slow the rise of its currency. The move might work in the short term, but fundamentals are likely to favor a stronger renminbi over the long run, analysts said. Last week ... https://ift.tt/eA8V8J
from Google Alert - Business https://ift.tt/3g9h9EJ
China's policy makers fired a “shot across the bow” of currency markets this week in a bid to slow the rise of its currency. The move might work in the short term, but fundamentals are likely to favor a stronger renminbi over the long run, analysts said. Last week ... https://ift.tt/eA8V8J
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