The offshore yuan exchange rate gained against the US dollar on Wednesday and Thursday. Photo: Reuters
The offshore yuan exchange rate gained against the US dollar on Wednesday and Thursday. Photo: Reuters
Currencies
China

Strong words, subtle moves: how China fights to defend the yuan

Beijing wages war of words and widens regulation to safeguard value of its currency

Wendy WuDaniel Ren
Wendy Wu and Daniel Ren

Updated: 10:12pm, 6 Jan, 2017

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The offshore yuan exchange rate gained against the US dollar on Wednesday and Thursday. Photo: Reuters
The offshore yuan exchange rate gained against the US dollar on Wednesday and Thursday. Photo: Reuters
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