China’s yuan is undervalued in real terms because of the country’s flagging domestic economy, and steps to revive demand have fallen far short of what’s needed, according to a senior International Monetary Fund official.
China’s yuan is undervalued in real terms because of the country’s flagging domestic economy, and steps to revive demand have fallen far short of what’s needed, according to a senior International Monetary Fund official.
<iframe src="https://statesidedaily.com/embed/cluster/43ac742a699f11de81d5d69614f072786d27b91f" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="IMF Warns China Stimulus Lacks Ambition, Leaves Yuan Undervalued"></iframe>