Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why Chinas Currency Calm Masks a Trade Storm
China's yuan has been remarkably stable against the dollar, hovering near 6.72 for weeks. But beneath that calm surface, trade flows are shifting dramatically: exports hit a record 3.75 trillion dollars in April, while imports surged to 4.63 trillion, deepening the goods deficit. On this episode of China Economy with Fexingo, Lucas and Luna unpack the paradox of yuan stability amid growing trade imbalances. They explore how Beijing's managed float is absorbing external shocks, why the currency's steadiness might actually be masking structural changes in China's export…
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