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China Loosens Grip on Yuan
Keywords:
China expands the trading range of the yuan to 1%. The yuan is set by the People's Bank of China, China's central bank, at 6.2879 yuan per U.S. dollar on March 14, 2012 or 15 to 16 U.S. cents to the yuan. The yuan rate is set daily by the PBOC, called the parity rate, and was previously allowed to trade in a 0.5% trading range.
Chinese views of the U.S. and the appreciation of the yuan.
10/08/2010
Grouped Articles
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
Falling Yuan Curbs Cash Entering China
Wall Street Journal 03/20/2014
Why China Shifted Its Strategy for the Yuan, and How It Backfired
Wall Street Journal 01/10/2016
Chinese Official: Bets Against Yuan Are ‘Ridiculous and Impossible’
Wall Street Journal 01/12/2016
Confused by China’s Yuan? It’s Intentional
Wall Street Journal 01/15/2016
The U.S. Will Lose a China Trade War
Wall Street Journal 10/08/2010
Frankly Speaking on the great recession, the dollar and trade deficits 2009-2012
10/14/2009
Peter Morici of the University of Maryland and others express their view in 2009 on what needs to happen. The dollar Morici says needs to be devalued 40-50% against the yuan. He says that while China talks about an alternative reserve currency, it is part of the problem. And the crisis was caused by the U.S. demand that was inflated by the cheap yuan and then collapsed, says Morici.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
Cheaper Chinese Currency Has Global Impact
Wall Street Journal 08/12/2015
China Takes a Smoother Path to Currency Devaluation
Wall Street Journal 11/25/2015
Peter Morici: Behind the Dollar's Dog Days
BusinessWeek 10/15/2009
Progress on the appreciation of China's currency, the yuan, in 2010-2013
05/17/2010
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
The Long View of Changes in Chinaâs Currency
New York Times 09/21/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
U.S. Strains Mount After China Devalues Yuan
Wall Street Journal 08/12/2015
China's Trade Balance
03/10/2011
Every $1 increase in oil prices reduces China's trade deficit by $1.9 billion, according to one estimate. China had a trade deficit in February 2011. This reduces the pressures on the yuan. See the IMF forecast on China's shrinking trade surplus in 2011-2014.
Grouped Articles
Wall Street Journal 10/04/2011
China Logs Surprise Trade Deficit
Wall Street Journal 03/10/2011
China’s $3 trillion dilemma: What to do with all that cash? - The Washington Post
Washington Post 04/19/2011
No Appreciation for the Rising Yuan
Wall Street Journal 06/21/2011
Pressure Grows on China to Spur Domestic Consumption
Wall Street Journal 08/07/2011
Tallying the Toll of U.S.-China Trade
Wall Street Journal 09/27/2011
Expert opinion on the appreciation of the yuan.
03/29/2010
One view from Yale University is that an appreciation of China's currency will not have alarge impact on American jobs, which is the opposite of what is generally thought.
Grouped Articles
Wall Street Journal 10/04/2011
Wall Street Journal 03/29/2010
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
The Long View of Changes in Chinaâs Currency
New York Times 09/21/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
China's Dangerous Overvaluation
Wall Street Journal 02/26/2014
New dynamic for China's yuan in 2012- outflows of capital from China and weakening of the yuan
04/19/2011
Grouped Articles
Wall Street Journal 10/04/2011
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
China Takes a Smoother Path to Currency Devaluation
Wall Street Journal 11/25/2015
China’s Renminbi Declines After Being Named a Global Currency, Posing Challenges
New York Times 12/18/2015
Why China Shifted Its Strategy for the Yuan, and How It Backfired
Wall Street Journal 01/10/2016
Chinese Official: Bets Against Yuan Are ‘Ridiculous and Impossible’
Wall Street Journal 01/12/2016
Roubini on China, currency issues, and domestic consumption in China.
05/17/2010
By letting the yuan China can shift the benefits to households, who will have more purchasing power, and reverse the shift that has taken place in the last 10 years, with domestic consumption making up about 36% of GDP- down by about 10 points from ten years earlier. State owned companies gained at the expense of households, as did infrastructure spending, but it is leading to misallocation of investments and hurting households. As a result China will hit a growth wall in the next 2-3 years, says Roubini.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
New York Times 09/30/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
New York Times 09/25/2010
The yuan and shifting view on yuan appreciation in 2012-2013
04/11/2012
Linked Articles
Wall Street Journal 04/16/2012
IMF to Shift Its View of China's Trade Surplus
Wall Street Journal 04/11/2012
The yuan and China's competitiveness in international trade in 2012-2013
06/21/2011
Even with a gradual appreciation of the yuan China continues to maintain its competitive position in international trade with productivity gains offfsetting the small appreciation and a smaller increase in prices of Chinese products. This could mean the U.S. and Eurozone countries will continue to run trade deficits with China in 2012-2013.
Linked Articles
Wall Street Journal 04/16/2012
No Appreciation for the Rising Yuan
Wall Street Journal 06/21/2011
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