China’s yuan ‘far from a top global reserve’, as investors dump assets amid Ukraine war

//China’s yuan ‘far from a top global reserve’, as investors dump assets amid Ukraine war

China’s yuan ‘far from a top global reserve’, as investors dump assets amid Ukraine war

Coronavirus lockdowns, yuan depreciation and the perceived risk of investing in countries whose relationships with the West are complicated explain China’s capital outflows, a new report says.

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

By | 2022-05-04T10:30:11+00:00 May 4th, 2022|Headlines|Comments Off on China’s yuan ‘far from a top global reserve’, as investors dump assets amid Ukraine war