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외환/환율 📈 긍정적 🔴 매우 중요

Chinese Yuan: Renminbi gains weaken undervaluation claims – BNY

요약

BNY’s Geoff Yu argues that current CNY strength has strategic value as China boosts imports of semiconductors from Japan, South Korea and Taiwan. He notes that renminbi gains versus NA-3 (JPY, KRW ve TWD), USD and EUR weaken any U.S./EU case on Chinese currency undervaluation.