Yuan Watchers Say 7 Is No Longer a Sticking Point for China
Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong, China. (Photographer: Xaume Olleros/Bloomberg)

Yuan Watchers Say 7 Is No Longer a Sticking Point for China

(Bloomberg) -- Yuan watchers arguing that China shouldn’t be scared of the currency breaking 7 a dollar are being emboldened by a former central bank official’s support for their thesis.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.