人民币

Renminbi: What lies ahead?

Li Keqiang did not shirk the issue of currency wars when he spoke to the Financial Times in April.

“We don’t want to see a scenario in which major economies trip over each other to devalue their currencies. That would lead to a currency war,” said China’s premier.

Currency intervention is an issue that has chilled US-China relations for more than a decade and while it has gone quiet of late, it is threatening to resurface.

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