How Free is the Shanghai Free Trade Zone?
China opened a new free trade zone in Shanghai on Sunday, allowing banks and other businesses to...
renminbi rate
U.S. Treasury: China Not a Currency Manipulator
In its semi-annual currency report to Congress on Tuesday, the U.S. Treasury Department said the yuan “remains significantly undervalued” but stopped short of branding China a currency manipulator as former...
The Renminbi: The Political Economy of a Currency
At Foreign Policy, Arthur Kroeber embarks on an epic overview of political issues surrounding the yuan, from controversial exchange rates to its questionable future as an international reserve currency. He dismisses the popular...
Record Yield Premiums Spur Best Yuan Gains in Three Months: China Credit
With the Chinese yuan rising 0.41 percent versus the dollar in the last two weeks, China’s five-year notes and comparable U.S. Treasury issues was at a record high yesterday. The growing strength of the yuan was boosted...
China To keep Yuan Weak Until Crisis Over: Experts
From AFP: China will maintain a weak yuan until its export sector has recovered from the global crisis, prioritising concerns at home despite growing pressure from its major trading partners, analysts say. The United States and...
Why is the appreciation of Renminbi suspended?
From China Economic Net: “The topic on the appreciation of Renminbi has been actually talked about for more than two years now. The recent rise of the topic can be ascribed to changes in the international economic and political situation and remarks made by Zhou Xiaochuan, governor of the People’s Bank of China during the […]
China at G-7 Meeting for First Time
Washington Post had an article on China at G-7 meeting, and the U.S. approach on currency issues. “China made its debut last night in the club of the world’s leading economic powers, as international pressure mounts to change a decade-old currency peg that critics accuse of giving Chinese products an unfair competitive edge. ”
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