China’s huge trade surplus will spark renminbi pressure—but don’t expect movement.
China’s $1.2 trillion trade surplus has reignited international debate over the value of the renminbi, with critics arguing that a stronger currency is long overdue. Trading partners, particularly in the US and Europe, say the scale of the surplus distorts global trade, disadvantages foreign manufacturers, and fuels political pressure for tariffs and other protectionist measures. […]
China’s huge trade surplus will spark renminbi pressure—but don’t expect movement. Read More »

