World’s appetite for AI makes China less afraid of stronger yuan
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Even as the yuan climbed to its strongest level since 2023 and the economy looked more fragile, policymakers have shown little urgency to step in.
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Japan Times · No Author
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Beijing on May 13. Even as the yuan strengthened, exports from China hit another record in April, with about half of export growth coming from semiconductors and computers, while traditional categories such as clothing and furniture were flat or shrinking. | BLOOMBERG
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