The Chinese currency has strengthened continuously since June alongside the country’s rapid economic recovery from the damage caused by the coronavirus pandemic. Photo: Reuters
The Chinese currency has strengthened continuously since June alongside the country’s rapid economic recovery from the damage caused by the coronavirus pandemic. Photo: Reuters

China’s yuan to continue rise against US dollar in short term, but when will Beijing say enough?

  • Some economists see the yuan strengthening into 2021, but others say Beijing will step in as it could hurt the nation’s competitiveness and jeopardise its policy agenda
  • The yuan has strengthened since June alongside the country’s rapid economic recovery from the damage caused by the coronavirus pandemic

Topic |   China economy
The Chinese currency has strengthened continuously since June alongside the country’s rapid economic recovery from the damage caused by the coronavirus pandemic. Photo: Reuters
The Chinese currency has strengthened continuously since June alongside the country’s rapid economic recovery from the damage caused by the coronavirus pandemic. Photo: Reuters
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