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China's capital markets could expand in the coming months. Here's why

Daryl Guppy
Daryl Guppy • 5 min read
China's capital markets could expand in the coming months. Here's why
The yuan recently jumped to its highest level relative to the US dollar since June 2018. What's the impact of this?
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Photo: Bloomberg

The taste of freedom is a heady elixir — just ask the Chinese yuan.

Largely freed from the constraints imposed by a direct link to the US dollar, the yuan has been freer to reflect the true value of the currency.

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