EconomyChinese exporters get relief as Beijing checks yuan rise amid record surplus
The People’s Bank of China raised the foreign exchange reserve requirement ratio as the yuan continued to rally, a move analysts say could temper appreciation pressure and offer relief to exporters. China’s goods trade surplus reached a record US$938.1 billion in January-September, up from US$726.2 billion a year earlier.
Chinese exporters get relief as Beijing checks yuan rise amid record surplus
Economy