> What does that really mean? Is it stable for those who hold it in China where the amount you can legally transfer overseas is limited and that limit has been both going down and much more effectively enforced in recent years?
Literally the entire point of the article is talking about this.
> Well, sure, when you manipulate the forex market, you can act to alter the value of your own currency.
That's not the only method described, though it's powerful. Article describes the rest - which are very interesting.
> The Bank of China pegs the yuan to the US Dollar afaik...
Better information in the article.
> The Yuan is pegged to the US Dollar
Better information in the article.