Tag Archives: renminbi

Investors not worried about Chinese currency devaluation

The People’s Bank of China (PBOC) is likely to pursue a stable-to-weaker renminbi this year, a survey of investors showed recently.

Continue reading

Chinese currency could hurt the rest of the world

The Chinese currency will weaken and this will hurt the international economy, economist Andrew Smithers said in a recent report on the second biggest economy in the world.

Continue reading