China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.
China’s central bank set a stronger-than-expected fixing rate for the yuan against the US dollar on Wednesday, signalling that China does not plan to offset the impact of US tariffs by allowing ...
(Bloomberg) -- Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to relax their tight grip, if Donald Trump’s ...
BEIJING, Feb. 3 (Xinhua) -- China Development Bank issued loans of 20.4 billion yuan (about 2.85 billion U.S. dollars) in 2024 to support 136 "dual-use public infrastructure" projects in cities ...
SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...
SHANGHAI, Jan 20 (Reuters) - China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited Beijing's monetary policy easing efforts.
(Bloomberg) — For investors in China, fighting another trade war with the US will feel like anything but been there and done that. A lot has changed since the last trade war in 2018-19, not ...
The yuan is under renewed depreciation pressures, affected by a combination of a broadly stronger dollar, falling Chinese bond yields ... “Another sub-7.20 fix sends a message that the PBOC ...
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation. China is walking a tightrope on its currency. Economic fundamentals ...
China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.