https://taiwanstrait.com/tags/imf/ Recent content in IMF on Taiwan Strait Hugo en-us Sat, 09 May 2026 00:00:00 +0000 https://taiwanstrait.com/the-undervalued-renminbi-currency-as-strategic-instrument/ Sat, 09 May 2026 00:00:00 +0000 https://taiwanstrait.com/the-undervalued-renminbi-currency-as-strategic-instrument/ <p>The IMF estimated in early 2026 that the renminbi is undervalued by approximately 16%. The Chinese government&rsquo;s response, encoded in the 2026 Government Work Report, is that the RMB will be kept &ldquo;generally stable&rdquo; at an &ldquo;adaptive, balanced level.&rdquo; Translated from the diplomatic idiom: Beijing intends to manage the currency at a competitive rate and will move slowly, if at all, on any revaluation that international institutions or trading partners request.</p>