• 09/21/2024

Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

With yuan capital outflows at their highest in years, transfers from Hong Kong to mainland China appear to have done much to keep the currency from depreciating at much higher rates.

https://www.scmp.com/economy/china-economy/article/3268106/hong-kong-helps-relieve-yuan-pressures-mainland-china-grapples-capital-outflows?utm_source=rss_feed