China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Pete Rathburn is a copy editor and fact-checker with ...
Dan Drezner and David Altig are waxing enthusiastic about China’s decision to allow domestic banks to trade the RMB forward - a development that in theory will help Chinese firms to better “hedge” ...
The renminbi exchange rate is woefully undervalued – an impediment to overhauling China’s distorted growth model and a major contributor to global trade tensions. While it is no secret that the ...
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