• 09/21/2024

Will China weaponise the yuan? Global finance body throws cold water on the idea as it rankles markets

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

Intentionally weakening the yuan would be a boon for cheaper Chinese exports, but on the whole, a devalued yuan could make China’s problems much worse.

https://www.scmp.com/economy/china-economy/article/3234708/will-china-weaponise-yuan-global-finance-body-throws-cold-water-idea-it-rankles-markets?utm_source=rss_feed