Currency

• China’s Weak Currency Is Powering Its Exports and Drawing Criticism - China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
• How Stablecoins Can Help Criminals Launder Money and Evade Sanctions - Through layers of intermediaries, stablecoins can be moved, swapped and mixed into pools of other funds in ways that are difficult to trace, experts say.