Is Beijing brewing something? | Analysis & Opinion | Reuters

#china #finance #business #fx According to George Chen 2011, “There are growing signs that something is brewing in relation to China’s foreign exchange rate regime. When Hong Kong traders returned from the Easter break, many were surprised to be told by their mainland colleagues about growing market speculation that Beijing might be planning a one-off deal to lift the value of the yuan — some say by as much as 10 percent.” Read More >