Chinese companies hang onto dollars, hedge to prepare for volatile yuan 中国企业紧抓美元，对冲应对人民币波动中国企业紧抓美元，对冲应对人民币波动
https://www.rappler.com/business/chinese-companies-hang-onto-dollars-hedge-prepare-volatile-yuan/ The yuan had its worst year in 2022 since China unified market and official exchange rates in 1994, dropping nearly 8% as rising US interest rates diverged from falling…