The year has started off with a nervous shudder of paranoia amidst steep market tumbles and the recent depreciation of the yuan against the U.S.dollar,raising doubts of the stability of China's financial market. Rest...The year has started off with a nervous shudder of paranoia amidst steep market tumbles and the recent depreciation of the yuan against the U.S.dollar,raising doubts of the stability of China's financial market. Rest assured, the effective exchange rate of the yuan maintains 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 has started off with a nervous shudder of paranoia amidst steep market tumbles and the recent depreciation of the yuan against the U.S.dollar,raising doubts of the stability of China's financial market. Rest assured, the effective exchange rate of the yuan maintains stable, and there are a multitude of factors buttressing the Chinese currency in the medium and long term.