Tag: YUAN
The Greenback against the offshore Renminbi – Closed below a 3-year low
Overnight, the decline of the US Dollar against the offshore Renminbi (USDCNH) was suspended and closed slightly up 0.35% to 6.3736. In any case,...
China, the first country hit by Covid-19, Has Healed and is More Resilient
Crises are often a transformative force. While some developments turn out to be temporary, others persist long after the crisis has ended. The Covid-19...
A Bleak Outlook for the Chinese Economy
The first major piece of information in 2019 was a drop in China's Caixin/Markit PMI to 49.7 in December, compared to 50.2 in November....
