Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why Yuan Stability Is Chinas Quiet Compass
As US and China trade tensions resurface, Lucas and Luna unpack why Beijing's real policy priority isn't the trade balance but the yuan's stability. With the yuan holding at 6.74 per dollar and the dollar index slipping, Chinese policymakers are using a stable currency to anchor domestic expectations and court foreign capital. The hosts drill into the data: a 73 billion dollar goods and services deficit in June, exports still growing to 3.75 trillion annualized, and a current account gap that would have spooked markets a decade ago. They explain how Beijing's playbook has…
The skinny
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