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Speculation Rises on Possible Yuan Devaluation as Traders Weigh Consequences /
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2024-05-13 06:00:47

Speculation Rises on Possible Yuan Devaluation as Traders Weigh Consequences on Nostr: China's Yuan Faces Pressure as Weak Credit Growth and US Tariff Threat Weigh ...

China's Yuan Faces Pressure as Weak Credit Growth and US Tariff Threat Weigh
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#ac774dfe ver:0.15

China's yuan faces pressure as weak credit growth and US tariff threat weigh. Offshore yuan reaches 2-month high against the dollar, but recent news indicates mounting pressure. Traders expect Beijing to rely on weaker yuan to stimulate growth, but must prevent disorderly capital outflows. Concerns about cheap Chinese goods and protectionist measures may arise from sharp depreciation. #China #yuan #tariffs #economy...

#newstr #China #Yuan #CreditGrowth #UsTariff #Economy

https://here.news/story/ac774dfe?ver=0.15
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