BUSINESSBLOOMBERG
EUR/CNY: Why China’s Yuan Is Drawing Scrutiny in Europe, What It Means for Euro
The yuan's value is causing tension in EU-China trade relations, with EU policymakers and economists arguing it is undervalued, contributing to a daily trade deficit of approximately $1.1 billion as of June.
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Adjacent reporting
- Yuan Still Cheap Versus Euro Even After Gain, Deutsche Bank Says
- European Central Bank’s President Lagarde urges talks on yuan undervaluation
- European Central Bank’s President Lagarde urges talks on yuan undervaluation
- Germany hews EU’s tough China line with call for ‘Plaza Accord’ talks on yuan
- As de-dollarisation trends persist, can the yuan take the euro’s place?
- Goldman Says Yuan 20% Undervalued, Boosts Currency Forecasts