Yuan banknotes hot off the presses. Photo: Reuters Yuan banknotes hot off the presses. Photo: Reuters
Yuan banknotes hot off the presses. Photo: Reuters
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Forget capital outflow and let the yuan drop to its natural level

The spectre of funny money looms once more on mainland China. But let’s set some things straight.

Yuan banknotes hot off the presses. Photo: Reuters Yuan banknotes hot off the presses. Photo: Reuters
Yuan banknotes hot off the presses. Photo: Reuters
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Jake Van Der Kamp

Jake Van Der Kamp

Jake van der Kamp is a native of the Netherlands, a Canadian citizen, and a longtime Hong Kong resident. He started as a South China Morning Post business reporter in 1978, soon made a career change to investment analyst and returned to the newspaper in 1998 as a financial columnist.