The biggest problem that China faces in maintaining a stable value for their currency, the yuan, is their lack of foreign exchange reserves.

Question

Quizplus · Accepted Answer

This statement is false. China actually has one of the largest foreign exchange reserves in the world, with over $3 trillion in reserves as of 2021. The main challenge China faces in maintaining a stable value for their currency is balancing economic growth with inflation and deflation pressures.

The Biggest Problem That China Faces in Maintaining a Stable