Insights on China’s Economic Challenges: Yuan Depreciation, Falsified Data, and US-China Decoupling

Insights on China’s Economic Challenges: Yuan Depreciation, Falsified Data, and US-China Decoupling
Chinese yuan and U.S. dollar banknotes are seen behind an illuminated stock graph in this illustration taken Feb. 10, 2020. Dado Ruvic/Illustration/ Reuters
Pinnacle View Team
Updated:
0:00
News Analysis 
After entering 2024, the exchange rate of the Chinese yuan against the U.S. dollar has been gradually declining. On March 22, the yuan suffered its worst day in two months as China continued its loose monetary policy, seeking to stimulate investments and spending in the stagnant Chinese economy.
Pinnacle View Team
Pinnacle View Team
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“Pinnacle View,” a joint venture by NTD and The Epoch Times, is a TV forum centered around China. The program gathers experts from around the globe to dissect pressing issues, analyze trends, and offer profound insights into societal affairs and historical truths.