this post was submitted on 05 Aug 2024
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China’s yuan leaps to 7-month high, led by stronger yen, unwinding of global carry trade (www.scmp.com)
submitted 11 months ago by MarcoPOLO@sh.itjust.works to c/worldnews@lemmy.ml
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[–] MarcoPOLO@sh.itjust.works 5 points 11 months ago

Not going to lie I was skeptical of Chinese fiscal policy recently... But turns out there's a reason that I'm not a Chinese economicist.