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Why is China’s Currency Declining?
Posted
June 28, 2023
Views
410,108
Likes
10,146
Comments
969
Engagement
2.71%
June 28, 2023
410,108
10,146
969
2.71%
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The recent decline of the Chinese yuan has undoubtedly had implications on the government of China and Chinese citizens. In this video, we explore how the yuan devalued over time, how the People's Bank of China controls its value, and the reasons behind its current decline.
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3 - KLEIN, MATTHEW C., and MICHAEL PETTIS. Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace. Yale University Press, 2020
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