Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
How China's Yuan Stability Is a Quiet Risk for Tech Stocks
On this episode of China Economy with Fexingo, Lucas and Luna examine the surprising divergence between China's stable yuan and its struggling tech stocks. With the yuan trading at 6.74 per dollar—flat over the past week—and the dollar index easing, you'd expect some relief for Chinese equities. Instead, Baidu tumbled 10.5% in five days, while Alibaba slipped 4.3%. What's going on? The hosts break down how Beijing's focus on yuan stability might be constraining policy flexibility, why the trade deficit is narrowing but still massive at $73 billion, and whether the recent…
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