# Europe says yuan is 'too cheap' while Chinese companies say 'we can't survive if it rises further'

> Europe and the IMF argue that the yuan is significantly undervalued, while Chinese exporters say its recent rise, about 5% against the dollar and 9% against the euro this year, is squeezing profits and jobs. The People's Bank of China has raised the foreign-currency reserve requirement ratio to slow the yuan's appreciation. Reuters data shows the median net profit margin of listed Chinese firms in the first half was 4.9%, well below the 8.9% of foreign competitors.

- Date: 2026-11-15 · published 2026-11-15T00:26:53.194Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/100444-europe-says-yuan-is-too-cheap-while-chinese-companies-say-we-can-t-survive-if
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A persistent China-West dispute over the yuan could lead to trade tensions that affect Chinese import demand and export flows. A stronger yuan would make dollar-priced feed imports cheaper for China, but the policy response to slow appreciation limits that effect.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-08-28 | [Why China’s Yuan Will Struggle to Rally Further    - WSJ](https://feedsoft.ai/events/63745-why-china-s-yuan-will-struggle-to-rally-further-wsj.md) | +0.4% | +0.7% |
| USDCNY | 2022-02-23 | [Fisher: Why U.S. Rate Hikes Won’t Whack the Yuan — or Chinese Stocks - Caixin Global](https://feedsoft.ai/events/42931-fisher-why-u-s-rate-hikes-won-t-whack-the-yuan-or-chinese-stocks-caixin-global.md) | -0.2% | +0.6% |
| USDCNY | 2017-04-20 | [Chinese yuan likely to remain relatively steady in Q2, says Scotiabank \| EconoTimes](https://feedsoft.ai/events/71715-chinese-yuan-likely-to-remain-relatively-steady-in-q2-says-scotiabank-econotimes.md) | +0.1% | -0.1% |
| USDCNY | 2017-07-28 | [IMF says dollar overvalued while China’s yuan and Japanese yen in line with fundamentals \| South China Morning Post](https://feedsoft.ai/events/70194-imf-says-dollar-overvalued-while-china-s-yuan-and-japanese-yen-in-line-with.md) | -0.4% | -1.2% |
| USDCNY | 2026-06-01 | [Yuan May Hit Five Per Dollar on Carry-Trade Exit, Macquarie Says](https://feedsoft.ai/events/19482-yuan-may-hit-five-per-dollar-on-carry-trade-exit-macquarie-says.md) | -0.0% | +0.4% |

## Sources

- mk.co.kr: https://www.mk.co.kr/news/world/12209086

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.