China is struggling to get its economy back on track as the coronavirus outbreak dampens trading activity. Photo: AFPChina is struggling to get its economy back on track as the coronavirus outbreak dampens trading activity. Photo: AFP
China is struggling to get its economy back on track as the coronavirus outbreak dampens trading activity. Photo: AFP

Coronavirus: China’s yuan set to fall as millions return to work amid Covid-19 crisis

  • China’s yuan has eased only 0.6 per cent against the US dollar this year, much less than the currencies of South Korea or Singapore
  • But analysts say the yuan will face increased volatility as the new coronavirus continues to dampen economic activity in China

Topic |   China economy
China is struggling to get its economy back on track as the coronavirus outbreak dampens trading activity. Photo: AFPChina is struggling to get its economy back on track as the coronavirus outbreak dampens trading activity. Photo: AFP
China is struggling to get its economy back on track as the coronavirus outbreak dampens trading activity. Photo: AFP
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