Gordon French

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Why when the Chinese come shopping for assets, there is no cause for alarm
Price volatility signals the yuan is closer to becoming a global currency

The recent dip in the value of the Chinese currency surprised many in the markets, but it shouldn't have. The renminbi occupies a position all of its own: it might be the key accessing the world's most dynamic large economy but it is also protected with exchange and capital controls.

27 Jun 2016 - 11:50AM

The recent dip in the value of the Chinese currency surprised many in the markets, but it shouldn't have. The renminbi occupies a position all of its own: it might be the key accessing the world's most dynamic large economy but it is also protected with exchange and capital controls.

Price volatility signals the yuan is closer to becoming a global currency