Thinking About China
Opinion

Chinese Exporters Rejecting Yuan

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Chinese Exporters Rejecting Yuan
U.S. dollar notes being counted next to stacks of Chinese 100 yuan (RMB) bank notes at a bank in Huaibei, in eastern China's Anhui Province, on Sept. 24, 2013. STR/AFP via Getty Images
Antonio Graceffo
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Commentary

As the yuan weakens, Chinese citizens and businesses seek ways to avoid their own country’s currency.

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Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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