China Lets Yuan Rise Steadily, Pressuring Exporters

Economists say Beijing appears to be comfortable with a stronger yuan partly because it could help rebalance China’s economy toward consumption and make it cheaper for China to import commodities and chips.

China Lets Yuan Rise Steadily, Pressuring Exporters
Economists say Beijing appears to be comfortable with a stronger yuan partly because it could help rebalance China’s economy toward consumption and make it cheaper for China to import commodities and chips.