Skip to main content
X

People’s Bank of China

Should China Still Be a Key Destination for US Retailers?

As Gap Inc. neared the opening of its 101st namesake store in China last November, the San Francisco-based…

What the Chinese Devaluation Means for Apparel Brands

The People’s Bank of China’s abrupt decision earlier this month to devalue its currency was characterized by…

China Devalues Its Currency to Three-Year Low, US Dollar Rises

In a surprise move Tuesday, China let its currency, the renminbi (RMB), fall to three-year lows, further…