The yuan has become a flashpoint in trade relations between China and the European Union as policymakers and economists argue the currency is undervalued and helping widen the bloc’s trade deficit with China. Bloomberg reported the imbalance averaged about $1.1 billion a day in June.
The article says the issue is drawing scrutiny in Europe and could have implications for the euro.
GEOPOLITICS | Yuan Scrutiny Grows in Europe on EU Trade Deficit
2026-07-22 00:10:11
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