Nearly 25% of Chinese firms report FX losses as the yuan strengthens, forcing Beijing to balance export competitiveness with currency internationalization goals.

Nearly 25% of Chinese firms report FX losses as the yuan strengthens, forcing Beijing to balance export competitiveness with currency internationalization goals.

As the Chinese currency hits a three-year high against the dollar, analysts predict further gains. But the central bank is stepping in to keep the rally from getting out of hand