Despite being one of the largest economies in the world, China’s yuan will likely see minimal appreciation—between 3%-4%, say analysts—despite grumbling from its trading partners.
However, last Thursday, China’s central bank unexpectedly raised a key interbank market interest rate for the first time in nearly five months. The move indicates a change in policy focus toward pre-empting inflation risks in the new year.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine
