Boursorama (Reuters, French translation) April 21, 2026 Original title: ROI-Le yuan chinois est sous-évalué, mais peut-être pas autant que vous le pensez : McGeever

ROI-Le yuan chinois est sous-évalué, mais peut-être pas autant que vous le pensez : McGeever

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About this work

Fortun argues that China's financial-account dynamics make a very large, persistent yuan undervaluation harder to reconcile with the evidence, while allowing for a more moderate misalignment.

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Research theme

Capital flows

Capital flows explained: how cross border investment is measured, what drives emerging market flows, and Jonathan Fortun’s research on currencies and financing conditions.

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