Yuan and Why
Marc Chandler
April 18, 2025
With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this assumption is flawed. The level of devaluation required to fully offset tariffs exceeding 100% would be extreme, risking financial instability and undermin…
Yuan and Why
Reviewed by Marc Chandler
on
April 18, 2025
Rating:
Reviewed by Marc Chandler
on
April 18, 2025
Rating:
