Imploding yen piles pressure on yuan - Asia Times
6/14/2022 12:00:00 AM2 years 10 months ago
by William Pesek
by William Pesek
As the Japanese yen dives toward 150 to the dollar, investors are concerned less about events in Tokyo than in Beijing. Since 2016, Chinese President Xi Jinping has championed a “strong yuan” polic…
As the Japanese yen dives toward 150 to the dollar, investors are concerned less about events in Tokyo than in Beijing. Since 2016, Chinese President Xi Jinping has championed a strong yuan policy. … [+8237 chars]
full article...