# Breakingviews - Yuan internationalisation season re-opens

> A Reuters Breakingviews column on Dec 28, 2020 notes that the yuan rose about 10% against the dollar and that the rally has not yet hurt China's exports. The column says the stronger currency has improved Chinese buying power. The text is partial.

- Date: 2020-12-28 · published 2020-12-28T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/49866-breakingviews-yuan-internationalisation-season-re-opens
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan improves China's purchasing power for imported grains and oilseeds, which is supportive of import demand, though the effect on feed prices is indirect.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-06-30 | [China's yuan rises after midpoint set at highest in nearly 8 months — TradingView News](https://feedsoft.ai/events/24427-china-s-yuan-rises-after-midpoint-set-at-highest-in-nearly-8-months-tradingview.md) | +0.0% | +0.1% |
| USDCNY | 2021-02-09 | [Opinion \| Why a stronger yuan is still in China’s best interests \| South China Morning Post](https://feedsoft.ai/events/48873-opinion-why-a-stronger-yuan-is-still-in-china-s-best-interests-south-china.md) | +0.1% | +0.9% |
| USDCNY | 2020-06-30 | [Chinese Yuan Gains on Strong PMI Readings, PBoC Easing](https://feedsoft.ai/events/52830-chinese-yuan-gains-on-strong-pmi-readings-pboc-easing.md) | -0.9% | -1.1% |
| USDCNY | 2021-11-18 | [Investors more bullish on yuan, short bets on Thai baht ease: Reuters poll \| WSAU News/Talk 550 AM · 99.9 FM \| Wausau, Stevens Point](https://feedsoft.ai/events/44311-investors-more-bullish-on-yuan-short-bets-on-thai-baht-ease-reuters-poll-wsau.md) | +0.2% | -0.2% |
| USDCNY | 2022-05-31 | [Chinese yuan rebounds on Shanghai reopening hopes  - Benzinga](https://feedsoft.ai/events/41603-chinese-yuan-rebounds-on-shanghai-reopening-hopes-benzinga.md) | -0.7% | +0.1% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-yuan-breakingviews-idUSKBN29203Q/

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