4 of 4: The Yuan

While the rest of Asia bleeds, China is quietly holding its ground.

The Yuan is the outlier in this currency storm. Exports are surging up 22% in January-February, companies are hedging dollar exposure at record levels, and Beijing is actively managing a controlled appreciation. Chinese companies sold a record $100B in USD holdings in December alone. With oil still flowing and the trade surplus on track to top last year's record $1.2 trillion, China is, paradoxically, one of the few major economies not being torn apart by this crisis.