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China’s economic policy under pressure after Fed flags new era

This week the U.S. central bank not only raised rates again but also hinted at three more increases next year, adding to pressure on Chinese officials already struggling to contain capital flight," the Financial Times reported. For more on how the yuan’s depreciation may affect other emerging currencies, including South Korea’s won and India’s rupee, see this Bloomberg article titled "After Fed, eyes turn to China for emerging-market currency fate."
9 months ago
Lucas Niewenhuis
By Lucas Niewenhuis
Lucas Niewenhuis is an associate editor at SupChina who helps curate daily news and produce the company's newsletter, app, and website content. Previously, Lucas researched China-Africa relations at the Social Science Research Council and interned at the Council on Foreign Relations in New York. He has studied Chinese language and culture in Shanghai and Beijing, and is a graduate of the University of Michigan.
China in 2 minutes a day
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