THE year started off with a nervous shudderamidst steep market tumbles and the depreciation of the yuan against the U.S. dollar, raising doubts of the stability of China's financial market. But rest assured, the effe...THE year started off with a nervous shudderamidst steep market tumbles and the depreciation of the yuan against the U.S. dollar, raising doubts of the stability of China's financial market. But rest assured, the effective exchange rate of the yuan remains stable, and there are a multitude of factors buttressing the Chinese currency in the medium and long term.展开更多
文摘THE year started off with a nervous shudderamidst steep market tumbles and the depreciation of the yuan against the U.S. dollar, raising doubts of the stability of China's financial market. But rest assured, the effective exchange rate of the yuan remains stable, and there are a multitude of factors buttressing the Chinese currency in the medium and long term.