Chinese 100 yuan banknotes are seen in a counting machine. Photo: Reuters Chinese 100 yuan banknotes are seen in a counting machine. Photo: Reuters
Chinese 100 yuan banknotes are seen in a counting machine. Photo: Reuters
Yuan

China should let yuan fall, says the latest economist to join call for central bank to change tack

Zhu Ning, finance professor at prestigious Tsinghua University, says central bank’s use of foreign exchange reserves to prop up yuan is unsustainable

Topic |   Yuan
Chinese 100 yuan banknotes are seen in a counting machine. Photo: Reuters Chinese 100 yuan banknotes are seen in a counting machine. Photo: Reuters
Chinese 100 yuan banknotes are seen in a counting machine. Photo: Reuters
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