World News Insights
1-3 Minute Gist

All Topics Article

The yuan and the markets

Economist Original article ›

Keywords:

LyrArc Article Gist
This editorial in the Economist says China faces risks of a steep fall in the currency in its management of the currency. It suggests temporarily using capital controls to stabilize the currency and later gradually lift the controls. In any case it says the exercize will not be painless because of high debt of companies and in the Chinese economy.

China's 3.5% devaluation of the renminbi currency (the yuan) on August 11-12, 2015

08/10/2015

Grouped Articles

What China’s surprise currency devaluation means for its economy and the world - The Washington Post

Washington Post 08/11/2015

China Devalues Its Currency as Worries Rise About Economic Slowdown

New York Times 08/10/2015

China Moves to Devalue Yuan

Wall Street Journal 08/11/2015

China Yuan Fall Won’t Ease Pressure on Economy

Wall Street Journal 08/11/2015

China’s credibility on the line as yuan slides again, global markets slump - The Washington Post

Washington Post 08/12/2015

China is trying to save its economy with a cheaper currency - The Washington Post

Washington Post 08/12/2015

China's potential capital outflows in 2016-2017 if 1-2% of the urban population convert the max of $50,000 from yuan to dollars- $370 billion -$740 billion

01/15/2016

The most affluent of the $737 million Chinese in cities could become nervous about loss of value in the currency and convert up to the maximum of $50,000. This would lead to larger capital outflows than the PBOC has in mind., says Aaron Back of the WSJ in Jan. 2016. This worries the central bank PBOC, because the reserves of $3.3 trillion include illiquid investments such as loans to Venezuela on oil assets, the Asian Infrastructure Bank and other investments. With its large and aging population China also has to keep reserves for future Social Security and other plans.

Grouped Articles

China’s Jittery Savers Could Pose Capital-Flight Threat

Wall Street Journal 01/15/2016

The yuan and the markets

Economist 01/19/2016

Currency War: U.S. Hedge Funds Mount New Attacks on China’s Yuan

Wall Street Journal 02/01/2016

China’s Forex Reserves Plunge to More-Than-Three-Year Low

Wall Street Journal 02/08/2016

WSJ Pro Central Banking

Wall Street Journal 02/08/2016

China Stanches Flow of Money Out of the Country, Data Suggests

New York Times 04/07/2016

China's renminbi joins the IMF's basket of reserve currencies, the dollar, euro, yen and pound, in December 2015

11/30/2015

Grouped Articles

China Steps Up, but Its Currency Still Has Dues to Pay

New York Times 12/05/2015

IMF Lifts Chinese Yuan to Elite Lending-Reserve Currency Status

Wall Street Journal 11/30/2015

Maiden voyage

Economist 12/07/2015

China’s Renminbi Declines After Being Named a Global Currency, Posing Challenges

New York Times 12/18/2015

Chinese Official: Bets Against Yuan Are ‘Ridiculous and Impossible’

Wall Street Journal 01/12/2016

The yuan and the markets

Economist 01/19/2016


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us