EconomyChina
China: Trade Edge Not Built on Currency Devaluation
China's central bank published a policy document asserting its trade advantages do not rely on currency devaluation, rejecting IMF undervaluation claims.
—6 min read
Tag
#Exchange Rate
3 articles
EconomyChina
RMB Breaks Past 6.70 Against Dollar, Strongest Since 2023
China's onshore and offshore renminbi both strengthened past 6.70 per dollar, the strongest since 2023, driven by dollar weakness and Fed rate-cut bets.
—4 min read
Finance & Economy
RMB Shows Resilience with Steady Rise in Uncertain Times
China's RMB exchange rate shows resilience with two-way fluctuations and steady rise, supported by a weak dollar and strong domestic fundamentals.
—6 min read