Is Too Fast Too Furious Turning into Too Risky Too Dubious?

... of transactions) in yuan will end up being profitable for importers. Short-Term vs. Long-Term Interests REUTERS/Aly Song Kazushige Kobayashi, Manuel A.J. Teehankee: The AIIB’s Launch Sets the Stage for Supply- Side Competition in Development Finance Despite the unprecedented devaluation, it is still too early to talk about a return to the policy of having an undervalued yuan. Representatives from the People’s Bank of China have talked about the prospects of the yuan’s appreciation ...