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The value of the yuan to what, the US dollar? It's pegged and maintained there using foreign currency reserves. It's occasionally adjusted so I guess it could
by brobinson 8y ago
The value of the yuan to what, the US dollar? It's pegged and maintained there using foreign currency reserves. It's occasionally adjusted so I guess it could be considered a "dirty float" if you want to stretch that definition a bit.
Also: https://www.investors.com/politics/editorials/new-study-shines-light-literally-on-chinas-and-russias-fake-gdp-data/ https://www.investors.com/politics/editorials/new-study-shin...