Tag Archives: China’s currency policy

Andy Xie: China Should Float the Currency in the Long Run

Dr Andy Xie considers that China should float it s currency in the long run. China is the biggest foreign investor in U.S. Treasuries. Its holdings reached a record $1.149 trillion in April, a Treasury Department report said in June. Being more independent, and not relying on another currency to provide the feeling of stability, […]

Ann Lee: China’s Currency

Ann Lee, a professor of finance and economics at New York University, talks about China’s currency policy in a recent panel interview at Bloomberg. The yuan fell against most of its major counterparts as signs the global economic recovery is gathering momentum and a boost in corporate earnings spurred demand for higher-yielding assets. Ann Lee […]