US Dollar Strength Reduces Nominal GDP of China and Other Countries
by Brian Wang from NextBigFuture.com on (#64CPN)
China's GDP in 2021 was 114 trillion yuan and in 2022 the yuan has weakened against the US dollar. The yuan is now 7.12 to 1 US dollar. China's nominal GDP is now 16.0 trillion instead of 17.7 trillion last year. It was 115 yen to 1 US dollar at the end of 2021. It ...