The financial district of Pudong in Shanghai. If China’s controls on capital outflows were eased, such outflows would increase, triggering yuan selling. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

On China’s ‘currency manipulation’, the US should be careful what it wishes for

Neal Kimberley says by squarely blaming Beijing for the weakness of the yuan and insisting it follows a ‘market-determined currency regime’, the US may have misread the likely consequences of China loosening its grip and shedding its capital controls

TOP PICKS

The financial district of Pudong in Shanghai. If China’s controls on capital outflows were eased, such outflows would increase, triggering yuan selling. Photo: Reuters
READ FULL ARTICLE