BusinessEconomic downturn hits China’s global standingiraqupdate.comJanuary 18, 2024January 18, 2024 by iraqupdate.comJanuary 18, 2024January 18, 20240175 China meets its 5.2% 2023 growth target, but sees a first-in-30-years drop in dollar-denominated GDP, signaling economic slowdown....
BusinessChinese Yuan hits record lows against surging US dollariraqupdate.comMay 9, 2023May 9, 2023 by iraqupdate.comMay 9, 2023May 9, 20230428 The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic...