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Dictionary
the yuan
noun
The basic unit of money in China.
Exact(58)
Take the yuan.
The yuan, China's currency, is appreciating.
This implies the yuan is 56% undervalued.
That means allowing the yuan to appreciate.
Other rooms are named for currencies: the yuan, the kroner.
"But the decision on the yuan has been made.
That means that the yuan must be allowed to rise.
The bottom graph shows the yuan against the dollar.
Fighting China over the yuan is a losing battle.
Huge inflows of capital put upward pressure on the yuan.
These fundamentals both suggest the yuan should rise again.
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