Macro Finance
EUR/CNY: Why China’s Yuan Is Drawing Scrutiny in Europe, What It Means for Euro
Bloomberg Markets·July 22, 2026·1 min read
The value of the yuan has become a flashpoint in trade relations between China and the European Union. Many EU policymakers and economists believe the currency is undervalued and a key driver of the bloc's deepening trade deficit with China. That imbalance averaged about $1.1 billion a day in June.
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