The Chinese authorities have signalled a greater degree of tolerance of yuan strength. Photo: Bloomberg The Chinese authorities have signalled a greater degree of tolerance of yuan strength. Photo: Bloomberg
The Chinese authorities have signalled a greater degree of tolerance of yuan strength. Photo: Bloomberg
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

China is relaxed about yuan strength, and that’s good news

  • China’s central bank governor said the market should decide the exchange rate, which sends a powerful message to currency markets when international investors are already clamouring for Chinese assets

The Chinese authorities have signalled a greater degree of tolerance of yuan strength. Photo: Bloomberg The Chinese authorities have signalled a greater degree of tolerance of yuan strength. Photo: Bloomberg
The Chinese authorities have signalled a greater degree of tolerance of yuan strength. Photo: Bloomberg
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