Oct 26, 2018
China says it's able to keep its yuan stable.
Sep 27, 2018
China chooses not to follow the U.S. Federal Reserve to raise its short-term rates, putting pressure on the yuan.

Derek Scissors, Resident Scholar, American Enterprise Institute
May 10, 2018
The Chinese government won’t devalue the yuan against the dollar, for reasons which may surprise both policymakers and mainstream economists.

Yu Yongding, Former President, China Society of World Economics
Nov 03, 2017
In the past, the key challenge facing China was to stop importing “dark matter”: as one of the world’s largest net creditors, China needed to stop running an investment-income deficit. Today’s challenge is to avoid “matter annihilation”: China must prevent its net foreign assets from disappearing.
Nov 02, 2017
China is leaving nothing to chance during next week’s visit by U.S. President Donald Trump, and will likely fortify the value of the yuan - a regular targ

Christopher A. McNally, Professor of Political Economy, Chaminade University
Oct 30, 2017
China is increasingly insisting that its oil imports be denominated in Chinese yuan instead of U.S. dollars. If successful, this could make the yuan into the globe’s second or third most important currency overnight. Given that China’s imports will soon dwarf those of the United States, it is perhaps just a matter of time until the more than a half century reign of the petrodollar comes to an end.

Beth Smits, PhD candidate, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University
Oct 13, 2017
A look at the timeline for when the European Union’s financial centers acquired the infrastructure necessary to be considered as offshore hubs for the Chinese currency provides a new angle to consider how Beijing plans to internationalize its currency.
Aug 31, 2017
Investors discovered a taste for the dollar and commodities on Thursday as upbeat Chinese and U.S. economic news whetted appetite for riskier assets globally, e

Benn Steil, Director of International Economics, Council on Foreign Relations
Emma Smith, Analyst at the Council on Foreign Relations.
Jun 30, 2017
The RMB’s fall against the dollar reflects the slowing of China’s debt-fueled economic growth and the accumulation of default risks. Chinese residents and companies are, not surprisingly, seeking new ways (legal and otherwise) to move money out of the country.
Christopher A. McNally, Professor of Political Economy, Chaminade University
Mar 30, 2017
As President Trump and President Xi prepare to meet in the near future, the current environment makes it unrealistic to expect any breakthroughs in bilateral relations. The sheer complexity of US-China relations, widely differing viewpoints, and the unsettled policy approach by the new U.S. administration make the willingness to meet and talk already an advance.
