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China's Central Bank Denies Yuan Undervaluation Amid EU Trade Talks

9 Ekim 2026Bloomberg

China's central bank dismissed claims of yuan undervaluation as trade discussions with the EU commence, emphasizing structural economic issues.
China's central bank has dismissed allegations that the yuan is undervalued amid ongoing trade discussions with the European Union. Officials in the EU have pointed to the exchange rate as a contributing factor to trade imbalances.
The People's Bank of China emphasized that merely adjusting the exchange rate will not address the deeper structural issues in the global economy.
The statement comes at a time when global trade dynamics are shifting, with countries increasingly scrutinizing currency values as part of trade negotiations. The yuan's valuation has been a contentious issue, especially as nations grapple with trade deficits and surpluses.
The rejection of undervaluation claims by China's central bank highlights a growing tension in international trade relations, particularly with the EU. By arguing that exchange-rate adjustments are insufficient to tackle structural imbalances, China positions itself against external pressures while reinforcing its e…

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