• China’s cycle of dollar hoarding and weakening yuan gets vicious | Malay Mail

    Source: Buzz FX / 17 Apr 2024 10:27:17   America/Chicago


    > SHANGHAI, April 16 — Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble growth in the worl
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