Illustration shows Chinese Yuan and U.S. dollar banknotes

Why China's Yuan Is Collapsing Against The Dollar

The rapid depreciation of the Chinese currency sounds like a paradox. China is still a significant exporter of manufacturing goods with a trade surplus, creating a strong demand for its currency.
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Will China Ever Become A Developed Country?

A technological leap is critical for emerging market economies to overcome two problems they encounter after years of reliance on foreign technology and cheap domestic labor for growth: the middle-income trap and the Lewis point.
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