‘Shop in China’ Travel Boom Risks Complicating PBOC’s Yuan Math
A surge in foreign travelers strolling in Beijing’s Summer Palace and binging on Shanghai’s soup dumplings risks complicating the Chinese central bank’s efforts to ensure measured, orderly gains in the...
By Tian Chen, Ran Li · Bloomberg Markets
A surge in foreign travelers strolling in Beijing’s Summer Palace and binging on Shanghai’s soup dumplings risks complicating the Chinese central bank’s efforts to ensure measured, orderly gains in the yuan.