AI Hardware Exports Boost China’s Yuan Amid Tech Demand Surge
The Yuan Is Headed For Its Longest Winning Streak In More Than A Decade, Even As China’s Economy Slows And Policymakers Traditionally Preferred A Weaker Currency To Support Exporters. The Shift Highlights How China’s Move Up The Technology Value Chain Is Reducing Its Dependence On Low-cost Manufacturing And Potentially Rewriting The Country’s Long-standing Currency Strategy.
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