Yuan rate



Yuan Gets More Room to Float

China’s central bank will expand the daily yuan trading band against the dollar. The announcement came after first quarter economic data that China’s gross domestic product growth had slowed to 8.1%.  From China...

Internationalization of the RMB by 2040?

With the renminbi in the headlines again last week after the People’s Bank of China set the dollar reference rate at a record high, The People’s Daily addressed the future of China’s currency on Monday: China...

CDT Money: More Signs of a Slowdown

Despite suggestions last week that the yuan exchange rate had reached equilibrium and hints of possible liberalization in its trading range, officials at the People’s Bank of China set the yuan’s U.S. dollar...

G-20 Sets Yuan Policy Aside

Normally in the cross-hairs, China’s exchange-rate policy received a free pass as Europe’s debt crisis took center stage when the Group of 20 met over the weekend in Mexico City. From The Wall Street Journal: While...

Top Ten CDT Stories of 2011

We have compiled a list of the top ten most-read CDT posts for 2011. Not all of the stories were posted in 2011 but they all got a lot of traffic last year. The list covers a number of hot topics: Tibet, Xiao Yueyue, the Wenzhou...

China Takes Center Stage in U.S. Election Dialogue

With next year’s U.S. presidential race already in full swing, Republican hopefuls have much to dispute but one clear point of agreement: China. The Wall Street Journal analyzes the latest aggressive criticism from U.S....

U.S. Senate’s Bill on Tariffs Angers China

The New York Times reports on a bill before the U.S. Senate that would impose some tariffs on China in response to their unwillingness to revalue their currency: The Chinese objections came as the Senate began debate on the...

Paul Krugman: We’re Not China

In the New York Times, Paul Krugman argues against comparisons between Europe’s complaints about a weak dollar and U.S. complaints about an undervalued yuan: What the United States is doing is an expansionary monetary...

Currency Rift With China Exposes Shifting Clout

The New York Times reports: Over seared scallops and beef tenderloin, Treasury Secretary Timothy F. Geithner urged his counterparts from Europe, Canada and Japan to help persuade China to let its currency, the renminbi, rise in...

Paul Krugman: Taking On China

Nobel laureate Paul Krugman writes a column in support of the recent bill passed by the House of Representatives calling for stronger action against China for not raising the value of its currency: Diplomacy on China’s currency...



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