Is China deliberately letting the yuan tank against the US dollar? What is Beijing's strategy?
The value of the yuan has tanked despite the central bank's seemingly continued efforts to support the currency. With a weaker yuan, China's exports are bound to become cheaper, making them more appealing to buyers
The value of the yuan has tanked despite the central bank's seemingly continued efforts to support the currency. With a weaker yuan, China's exports are bound to become cheaper, making them more appealing to buyers
