Skip to main content

Will China devalue the renminbi?

Chinese policymakers won’t risk reliving the turmoil of 2015 by engineering a sudden devaluation of the renminbi. They may allow the currency to weaken gradually over the coming years to help industry deal with oversupply or to offset the impact of new foreign trade protection measures. But there’s no pressing need to act now and good reasons to continue intervening to keep the renminbi fairly stable.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access