Will a Weaker Yuan Help China Tackle the U.S. Tariff Threat?
Recent reports suggest that Chinese policymakers are contemplating a significant devaluation of the yuan in 2025 as a strategic response to the potential 60% tariff on Chinese imports proposed by U.S. President-elect Donald Trump. This would mark a notable shift in Beijing’s currency policy amidst growing economic challenges. But the critical question remains: will it…