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Chinese tabloid says there is no basis for long-term yuan depreciation

Chinese tabloid says there is no basis for long-term yuan depreciation
An early Friday funny from the Chinese Communist Party's tabloid Global Times, blaming the weak yuan on anything and everything except faltering performance in the Chinese economy. Its hard to know where to start with this laughable piece. If you want a chuckle, here is the link to read it. Claim that ‘yuan value suggests economic slowdown’ doesn’t reflect realityUSD/CNH (CNH is offshore yuan) update: This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: May 23 2023, 01:42
Author Name: forexlive
Views: 111481

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