China's Currency

A man walks past an advertisement promoting China's renminbi (RMB) or yuan, U.S. dollar and Euro exchange services at foreign exchange store in Hong Kong, China, August 13, 2015. German Bund yields edged up on Thursday following efforts by China's central bank to slow a sharp descent of the yuan that has prompted investors this week to seek safe-haven assets.


Why China will dominate talk at the IMF meetings in Lima

October 2, 2015, David Wessel

The world’s finance ministers and central bankers descend on Lima, Peru, next week for the annual meetings of the International Monetary Fund and World Bank. Hallway chatter will be less about Latin America than about China and the never-ending conversation about when the Federal Reserve will raise interest rates.

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