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China Still Loves the U.S. Dollar

CHINA-ECONOMY-FOREX
Photographer: JOHANNES EISELE/AFP

Hello. Today we look at the global status of China’s yuan, the policy plans for the U.K. economy and the language used by the Federal Reserve.

There’s a tendency sometimes to see Chinese actions through a strategic superpower-competition-with-the-U.S. lens when, ultimately, they are motivated by more domestic or tactical concerns.