Tag Archive for Yuan

Invest in the Chinese Yuan Before It Takes Over the Financial World – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. It’s only a matter of time before the U.S. dollar loses its more than 50-year reign as the world’s dominant reserve currency, and it will be replaced by the Chinese yuan. From January 2012-January 2013, transactions in yuan…

US says China not manipulating ‘undervalued’ yuan – Full Story

US says China not manipulating ‘undervalued’ yuan (via AFP) The United States said Friday that China’s tightly managed currency remains “significantly undervalued” but Beijing was not manipulating the yuan to gain an unfair trade advantage. The US Treasury Department said it had concluded that China had not met the standards for manipulation but that it…