China’s Yuan Declines as PBOC Signals Acceptance of Weaker Currency
On April 8th, China’s currency—the yuan—slipped to its weakest level since 2023. While that might sound like a footnote in global financial news, it carries significant weight. Behind the scenes, this drop signals deep shifts in trade tensions, central bank strategy, and China’s broader economic playbook. Let’s unpack what’s happening—and what it means for businesses, … Read more