# China’s Efforts to Boost the Yuan

> A St. Louis Fed Economic Synopses essay says China is using capital controls and other tools to resist yuan devaluation pressure. It cites options pricing from September 2016 that implied a 22 percent chance of a 10 percent devaluation within a year. Rate hikes that would support the yuan could slow the economy.

- Date: 2017-04-06 · published 2017-04-06T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/71719-china-s-efforts-to-boost-the-yuan
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Yuan defence measures that tighten money or limit capital could slow Chinese growth and feed demand. The effect on feed prices is indirect and the analysis is dated.

## Read by commodity

- USDCNY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-01-03 | [China Inc.’s Large Dollar Debts Fuel Beijing’s Efforts to Curb Yuan Plunge](https://feedsoft.ai/events/10254-china-inc-s-large-dollar-debts-fuel-beijing-s-efforts-to-curb-yuan-plunge.md) | -0.1% | -1.0% |
| USDCNY | 2019-03-26 | [China's efforts to make Yuan rate more transparent gain momentum – Bloomberg — Octa](https://feedsoft.ai/events/60337-china-s-efforts-to-make-yuan-rate-more-transparent-gain-momentum-bloomberg-octa.md) | +0.0% | +0.0% |
| USDCNY | 2024-03-27 | [Watch China's Confusing Signals on the Yuan - Bloomberg](https://feedsoft.ai/events/31442-watch-china-s-confusing-signals-on-the-yuan-bloomberg.md) | +0.2% | +0.4% |
| 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 | 2023-05-31 | [Experts: Yuan set to remain largely stable - Chinadaily.com.cn](https://feedsoft.ai/events/36176-experts-yuan-set-to-remain-largely-stable-chinadaily-com-cn.md) | +0.6% | +2.3% |

## Sources

- stlouisfed.org: https://www.stlouisfed.org/on-the-economy/2017/april/chinas-efforts-boost-yuan

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