Keep up with the latest news on Asia's biggest economy.Explore the China Focus hubThere will be no winners in a currency war Devaluation may seem tempting, but it helps neither China nor the US China shows its strength by allowing the renminbi to slideThe drop through Rmb7 per dollar will have limited economic impactThe threat of a US-China currency warWere Beijing to sell off its Treasury holdings, extreme market volatility would followChina using its currency to soften worst effects of trade warBy letting renminbi ‘crack seven’, Beijing has signalled near-term deal with US is unlikely Dollar versus renminbi: who has the upper hand?James Ferguson’s illustration of the week: Currency warsRenminbi’s fall stokes US ireMore from this SeriesWhat next for the renminbi after breaching Rmb7 per dollar?Investors ask why China’s central bank has allowed currency to weaken beyond symbolic thresholdCurrency war fears bolster demand for havensTest for policymakers as worries mount over global economy and Sino-US tensionsUS/China currency war: beggar my neighbour Premium contentInvestors must now guess how much pain the two countries will inflict on each other
There will be no winners in a currency war Devaluation may seem tempting, but it helps neither China nor the US China shows its strength by allowing the renminbi to slideThe drop through Rmb7 per dollar will have limited economic impactThe threat of a US-China currency warWere Beijing to sell off its Treasury holdings, extreme market volatility would followChina using its currency to soften worst effects of trade warBy letting renminbi ‘crack seven’, Beijing has signalled near-term deal with US is unlikely Dollar versus renminbi: who has the upper hand?James Ferguson’s illustration of the week: Currency warsRenminbi’s fall stokes US ireMore from this SeriesWhat next for the renminbi after breaching Rmb7 per dollar?Investors ask why China’s central bank has allowed currency to weaken beyond symbolic thresholdCurrency war fears bolster demand for havensTest for policymakers as worries mount over global economy and Sino-US tensionsUS/China currency war: beggar my neighbour Premium contentInvestors must now guess how much pain the two countries will inflict on each other