Browsing: monetary policy

China Drives Yuan Upward as Economic Optimism Surges

China’s central bank has subtly boosted the yuan, riding a surge of economic optimism and signaling robust confidence in the country’s growth prospects. This calculated step aims to stabilize the currency and attract foreign investment, Bloomberg reports

Xi Signals China May Finally End Deflationary Price Wars

Chinese President Xi Jinping is signaling a bold new strategy to put an end to the prolonged deflationary price wars, with the goal of stabilizing markets and sparking robust economic growth, Yahoo Finance reports. This move has the potential to reshape China’s competitive landscape in a profound way