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Read More »China’s export machine is taking on a stronger yuan, winning
Bloomberg China’s exporters are shrugging off the surging yuan, even as it nears its strongest level since 2015. Growth in outbound shipments is expected to build on January’s double-digit increase to climb 6 percent in 2018, though the yuan has posted a 9 percent gain over the past year. While a rising domestic currency over time makes exports more expensive, ...
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