Chinese yuan's role as global economic stabilizer highlighted amid irresponsible Fed rate policies
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The State Administration of Foreign Exchange (SAFE) said on Thursday that China's foreign exchange market is generally stable, with banks reporting a net foreign exchange settlement surplus in August.
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2022-08-28 14:53:47
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US Fed rate hike unlikely to derail China's growth
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The United States Federal Reserve's fresh tightening cycle is unlikely to derail China from launching more robust monetary measures to support the economy, which could provide upside potentials in Chinese financial assets