HeyJaredGene Frieda
- Indexed articles, last 90 days
- 1
- Latest publication
- Aug 8, 2026
- Outlet visibility, for Interest.co.nz
- Top 500K sites
- Earliest in this view
- Aug 8, 2026
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The rising price of a cheap renminbi (opens the original)
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China’s undervalued exchange rate is often read as a symptom of the imbalance that underlies its surpluses. This is the wrong metaphor. The exchange rate is better understood as a price: by suppressing the renminbi’s value, the Chinese government not only obscures the underlying imbalance, but also disables the main mechanism for correcting it. The result is a deliberate policy of self-harm. By the International Monetary Fund’s assessment, China’s real exchange rate fell by 14% in 2021–25, while
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For Interest.co.nz, the outlet · Measured Aug 1, 2026
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