Currency’s Weakness Troubles China’s Policy Makers
HONG KONG — Every weekday morning this year, China’s currency has followed the same ominous path. The central bank in Beijing fixes the initial value for the renminbi, the center…
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HONG KONG — Every weekday morning this year, China’s currency has followed the same ominous path. The central bank in Beijing fixes the initial value for the renminbi, the center…
HONG KONG — Every weekday morning this year, China’s currency has followed the same ominous path. The central bank in Beijing fixes the initial value for the renminbi, the center…
HONG KONG — The troubled Chinese developer Kaisa Group disclosed on Monday that its debts now total more than $10 billion and that it urgently needs to restructure its borrowings…