• 11/26/2024

Why China’s yuan may stay weak in 2024, regardless of any US Fed interest rate cuts

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

A prominent Chinese economist has flagged two key risks that could keep pressure on the yuan: weaker-than-expected fiscal expansion and a further contraction in the property market.

https://www.scmp.com/economy/china-economy/article/3244416/why-chinas-yuan-may-stay-weak-2024-regardless-any-us-fed-interest-rate-cuts?utm_source=rss_feed