Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for 2026.
China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports. By Keith Bradsher Reporting from Beijing A night at the ...
Remember the consensus view for 2025 that tariffs would force China (and other emerging markets) to devalue their currencies? The opposite happened, spectacularly so, with the Chinese Yuan (CNY) at ...
The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for capital-control flexibility and greater efforts to boost foreign participation. The ...
On 2 April 2025, China issued its first sovereign green bond denominated in Chinese renminbi (RMB). The issuance raised 6 billion RMB (US$824 million), an historic milestone that sends important ...