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It says the currency is 16% cheaper than it should be
Catch up on global daily news
Compelling long reads
Future-gazing analysis, predictions and speculation
Tune into captivating conversations
Watch engaging short films

It has the world’s most undervalued currency and one of its biggest trade surpluses

Officials believe that the yuan has finally come of age

Not nearly as much as it could be

More countries are starting to use China’s payment infrastructure

It’s not about the exchange rate any more

It is a problem not for the rest of the world, but for itself