All articles on RMB

China to Launch RMB-Settled Foreign Trade to Address Surplus
Although China's exports are falling, its imports are declining more quickly, the monthly trade surplus is still vast, and China's forex reserve is still swelling. With the gathering fear of long-term USD depreciation, China is working to start settling its foreign trade with RMB, instead of USD.
March 7th,2009
Analysts: RMB Must Depreciate Against USD and Stabilize Against a Basket
An export decline for four straight months is again generating RMB exchange rate disputes in and out of the government. Since currently most major world currencies are depreciating against the USD, if the government focuses on the RMB/USD rate only, risks in the settlement of other currencies will increase.
March 18th,2009
China's New Year of the Tiger Looks to Be One of Trade Conflict with the US
China's imports and exports, imports in particular, are expected to show sharp recovery growth in the first quarter. Exports and imports are expected to increase by about 16% and 32%, respectively, over the same period last year, and China's trade surplus is expected reach around $43 billion, down around 31%.
trade war;RMB;trade surplus; February 10th,2010
Yuan Appreciation Is Necessary, and Best in April
While the government's strategy has been to delay the appreciation as longer as possible, appreciation expectations for 2010 are becoming deeply rooted on the streets, where the main question concerns the timing.
Yuan;RMB;appreciation;exit strategy March 3rd,2010
Yuan Appreciation Never More Necessary or Better for China
The Chinese government should well see by now that appreciation better serves China's economic and political interests.
yuan appreciation;protectionism;rmb March 26th,2010
Why China is Right on the Renminbi
Chinese policymakers have been waiting to see whether the recovery in the US is real. If it is, China's exports will grow more rapidly. And if its exports grow more rapidly, they can allow the renminbi to rise.
yuan appreciation;rmb;renminbi April 25th,2010
Perfect Time for RMB/USD Rearrangement: Devaluation
Since 2003, the greatest obstacle to RMB exchange rate reform has been the expectation of unilateral appreciation of RMB against the dollar. Now would be a perfect time to respond to the wrong expectation through the devaluation of RMB against the dollar.
yuan;rmb;dollar;depreciation;appreciation;peg May 23rd,2010