WebSep 28, 2024 · BEIJING (AP) — China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem the slide after U.S. interest rate hikes prompted traders to convert money into dollars in search of higher returns.. A weaker yuan helps Chinese exporters by making their goods cheaper abroad, but it encourages … WebIn recent years, the Chinese government also offered tax breaks and better maternal healthcare, among other incentives, to reverse, or at least slow, the falling birth rate.
China’s Births Hit Historic Low, a Political Problem for Beijing
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