Posts Tagged ‘yaun’

chinese currency

When Chinese Money is Worth Less What Does Your Business Do?

Everyone has seen the news that China has devalued its currency. This means the Yuan Renminbi is weaker. When you exchange currency, you can now buy more Yuan for each dollar spent. If China is really the world’s second largest economy, than the Renminbi (People’s Currency) effects world markets. After all, if Chinese money is […]