• Bloomberg

  • SHARE

The yuan is setting a course for depreciation this year as risks to economic growth put an end to two straight years of gains.

The resurgence of COVID-19 lockdowns and surging commodity prices are spurring doubts over China’s 5.5% growth target for the year. And the prospect of further monetary easing as global central banks hike rates is set to accelerate outflows and further undermine the yuan.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)