Today’s news that the Chinese Central Bank is still managing the value of the yuan is a good excuse to revisit the issue as to whether the yuan is significantly…

…Brad Setser and Lawrence Lindsey appear to agree that the pegged yuan has led to an undervalued yuan and large trade surpluses. So given this Hume specie flow – why…

…via the yuan. It’s pretty simple, really, if you think about cross rates: USD:CNY / EUR:CNY = USD:EUR. If USD:CNY falls (i.e., the U.S. dollar depreciates against the Chinese yuan),…

…Yuan is pegged to the dollar and has not changed one cent this year. Because the dollar has weakened this means that the yuan has weakened against the Euro and…

…What about a rising yuan? Will that make us more competitive? We have frequently complained that the pegged yuan puts our companies at a disadvantage. In four years the yuan…

Dean Baker does a nice job of explaining why a significant yuan revaluation will increase our net exports to China – at least a little. Dean’s implicit assumption is that…

…trade, we have offered legislation to impose a tariff on Chinese exports to the United States if Beijing continues to keep the value of its currency, the yuan, artificially low…

…step is to revalue the yuan against the dollar (i.e. make the yuan stronger/dollar weaker). This will have serious economic repercussions, a lot of them negative, especially if the revaluation…

The economic headline this morning is that China has agreed to allow the yuan to appreciate. The announcement is being credited with about a 1% higher opening for the stock…

…. . . Recent Quartz article on Private Label and Brand name. Private-label brands are having a moment in 2024, and it’s no coincidence that some of the biggest winners…