The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo: The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo:
The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo:
Celia Chen
Opinion

Opinion

Across The Border by Celia Chen

The winners and losers from the yuan’s continued slide

The exchange rate fluctuation is having a huge impact on Chinese airlines especially, as much of their debt is in foreign currency

The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo: The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo:
The weakening yuan has hammered Chinese airlines, most of whose debt is in dollars. But Chinese exports have become more competitive. Photo:
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Celia Chen

Celia Chen

Celia is a tech reporter for the Post, covering companies such as Tencent, JD.com and Foxconn. She also covers start-up news and China's tech world. Prior to joining the Post, she worked for China Daily.