Beijing urged to let renminbi strengthen
Critics say currency is undervalued and being used to subsidise Chinese exports
Critics say currency is undervalued and being used to subsidise Chinese exports

Chamber of commerce warns that fall of tightly managed Chinese currency risks prompting trade retaliation

Appreciation would suit Beijing’s global ambitions for the currency

Beijing’s push will speed moves to multi-polar monetary system, analysts say

A steady appreciation would boost domestic consumption and improve trade relations

Central bank fixes currency at highest level against dollar in 15 months

PBoC makes it cheaper for traders to bet on weakening currency amid concerns about rapid appreciation