The US Federal Reserve's interest rate increase will not affect China's economic stability, as overall risks in the domestic financial market are controllable, said experts and investors after the Fed raised its benchmark interest rate by 75 basis points on Wednesday, marking the sharpest rate hike since 1994.
The US Federal Reserve’s interest rate increase will not affect China’s economic stability, as overall risks in the domestic financial market are controllable, said experts and investors after the Fed raised its benchmark interest rate by 75 basis points on Wednesday, marking the sharpest rate hike since 1994. China’s central bank’s adherence to a relatively .
Though the yuan may face continued pressure from a strong US dollar in the coming weeks, the Chinese currency may gain a firmer footing later this year with a more stable COVID-19 situation and slower US monetary tightening, experts said on Thursday.
MIL-OSI China: Experts downplay yuan's depreciation foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
Experts downplay yuan's depreciation--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.