China is relaxed about yuan strength, and that’s good news

//China is relaxed about yuan strength, and that’s good news

China is relaxed about yuan strength, and that’s good news

You do not have to be a true believer in “Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era” to acknowledge that China’s economy is having a good pandemic. What matters to markets is that Beijing’s approach to suppressing the coronavirus has resulted in the Chinese economy rebounding even as other economies are still struggling. That economic recovery in China spells opportunity for international investors, and even more so when the mood music from Beijing seems to be…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-10-27T06:45:12+00:00 October 27th, 2020|Business|Comments Off on China is relaxed about yuan strength, and that’s good news