The rebounding yuan, and China approves a chip mega-merger

China Inc by BBW

Nov 28 2023 • 13 mins

After falling to multiyear lows, China's yuan has come roaring back in recent weeks. But what has changed, and are the gains for real? And China approves the $69 billion merger of VMWare with global chip giant Broadcom after more than a year. Does this signal a friendlier new approach by China to global chip M&A?