Discover and read the best of Twitter Threads about #Chineseyuan
Most recents (1)
US labeling China as a currency manipulator signifies #tradewar escalation and directly affects the
ratio between the countries’ currencies, which will further highlight Chinese yuan’s weaknesses and US dollar’s advantages, said CF40 member Chen Yuan. 1/5
ratio between the countries’ currencies, which will further highlight Chinese yuan’s weaknesses and US dollar’s advantages, said CF40 member Chen Yuan. 1/5
When compared to the US dollar, Chinese yuan is obviously at a weak position. #RMB mainly serves its domestic economy, while its internalization journey has just started. 2/5 cf40.org.cn/uploads/201909…
Though having joined the SDR basket, #Chineseyuan still accounts for only a small part in investment and settlements on a global scale. Hence it is unwise to let Chinese yuan move against the US dollar. 3/5
