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China s yuan posts second straight year of gains against US dollar, best performing in emerging markets

The Chinese yuan gained 2.44 per cent against a rising US dollar this year to become the best performing emerging market currency.

China extends battle lines to manage capital outflows as Beijing doubles down on economic security

Beijing is scrambling to ensure China stays in the safe zone of potentially turbulent global markets with its latest moves to close off every possible channel of capital outflow.

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