A $19 Billion Test Is Coming Straight for China’s Battered Yuan

  • Offshore-listed Chinese firms will buy FX to pay dividends
  • Trade dispute has dragged the yuan to weakest level of year

May 17: Does It Matter if The Yuan Weakens Past 7?

Lock
This article is for subscribers only.

Sign up for Next China, a weekly email on where the nation stands now and where it's going next.

China’s yuan, already battered by the U.S. trade dispute, will soon have a catalyst for further depreciation.