As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US tariffs, the currency faces an additional downdraft: a flood of money looking to invest overseas.
China’s Record Capital-Account Outflows Pile Pressure on Yuan
You May Also Like
US Trade War Threatens Demand for Malaysian Chips, Minister Says
January 18, 2025
Vietnam’s VinFast to Roll Out Two Cars in 2025 in India Debut
January 18, 2025
Australia Shuts Its Biggest Iron Ore Port on Cyclone Threat
January 18, 2025
More From Author
US Trade War Threatens Demand for Malaysian Chips, Minister Says
January 18, 2025
Patrick Mahomes Divorce: Are The Rumors True?
January 18, 2025
+ There are no comments
Add yours