Comment & Analysis
China’s self-inflicted woes and the renminbi by EFG
China’s economic growth slowed in 2021, raising doubts about the sustainability of the global recovery from Covid-19. Many observers fear the renminbi will depreciate – mirroring what often happens in struggling emerging countries. Daisy Li and GianLuigi Mandruzzato examine the outlook for China’s growth and its currency. The Chinese economy…
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