WHY IT'S IMPORTANT China's central bank has appeared to prioritise financial and currency stability ... 1.4% this year but above the 100-mark implying the yuan has been stronger than those currencies.

The yield on the 10-year Chinese government bond recently dropped to 1.6%, down 100 basis points ... which expects the currency to weaken further, with the offshore yuan potentially dropping ...

(Bloomberg) -- China’s strategy of defending its currency by choking local liquidity ... supporting the yuan by making it more scarce. But that has had unintended consequences: Banks have ...