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June 22, 2010

China
China’s Calculated Move on Yuan

By ending the yuan’s peg to the U.S. dollar, China will deflect pressure over its currency policy at the upcoming G20 meeting. But tensions will persist over the pace of reform, says CFR’s Steven Dun…

April 22, 2011

China
China’s Brain Drain Gives Way to a Yuan Drain

An employee seals a stack of yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei, Anhui province on April 6, 2011. (Stringer/Courtesy Reuters) China has long acknowledg…

An employee seals a stack of yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei, Anhui province on April 6, 2011.

December 13, 2007

Financial Markets
Euro-yuan-dollar diplomacy

Europe to China: Please do not buy any more euros.EU economic and monetary affairs commissioner Joaquin Almunia said China should not take any steps to increase its euro reserves at the moment.  Aske…

October 20, 2015

China
In for a Yuan, in for a Pound: Is the United Kingdom Making a Bad Bet on China?

What exactly is the objection to UK Chancellor George Osborne’s desire for the United Kingdom to be Beijing’s “best partner in the West” and to have a “relationship that is second to none”? After all…

China UK Dragon Xi

February 5, 2024

China
China’s New Currency Playbook

China’s pivot to a new strategy of indirect intervention through its large state banks requires new approaches to policing currency policies by both the U.S. Treasury and IMF.

Settlement by banks in China vs. Yuan-Dollar Exchange Rate

January 3, 2007

China
Modest ascent of yuan v. dollar fails to pinch Chinese exporters …

I don’t usually do press criticism, but I really didn’t like James Areddy’s Wall Street Journal story about how the yuan’s 6% rise (v. the $) since mid 2005 is starting to cut into Chinese exports (a…

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