Is the Chinese yuan still undervalued? Surprisingly not

Analysis showing the yuan is now trading at fair value heralds a dramatic shift away from Chinese mercantilism.

The US Treasury has slammed China again for returning to the old habit of intervening in the currency market to hold down the value of the yuan, just hours after official data showed the country has accumulated nearly $US4 trillion in foreign reserves -- the largest in its history.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles