Yuan’s Comeback Versus Euro Is a Welcome Gift for Merz’ Visit

As German Chancellor Friedrich Merz tours China with a host of his country’s business leaders, he may be heartened to see the Chinese yuan is at last starting to appreciate...

By Iris Ouyang, Qizi Sun · Bloomberg Markets

As German Chancellor Friedrich Merz tours China with a host of his country’s business leaders, he may be heartened to see the Chinese yuan is at last starting to appreciate against the euro.