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Yuan Gains
Yuan Gains as Trump Dials Back Tariff Threats
The yuan advanced alongside assets sensitive to China’s economy, amid signs that President Donald Trump is dialing back threats of slapping higher tariffs on exports there.
China Stocks, Yuan Cautiously Firm After Trump Delays Tariffs
The CSI300 Index has dropped roughly 5% since Trump won the election on Nov. 5 with a threat to impose steep tariffs of 60% on Chinese goods, but had already rebounded over the past week amid gestures of goodwill between Beijing and Washington.
China Responds to Trump's 'Big Power' Tariff Threat
Trade wars and tariff wars have no winners, do not serve the interests of any party, and are not beneficial to the world." Trump has also frequently made the U.S. deficit a focal point. Last year, the U.
5h
on MSN
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of ...
4d
on MSN
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...
6d
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
3d
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
4d
Yuan recovery in lead-up to Trump's inauguration to help rupee
The Indian rupee is likely to kick off a pivotal week on a slightly positive note, assisted by the recovery of the Chinese ...
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10h
China issues 4.72t yuan in new local govt bonds in 2024
A clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] BEIJING - China's local ...
1d
Yuan remains fourth most active payment currency in December: SWIFT
VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment ...
10d
on MSN
China Faces Harsh Dilemma as Yuan Comes Under Pressure
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
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11h
Wahaha pays out 2.4 billion yuan to frontline workers
In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year ...
10d
China Reiterates Goal to Keep Yuan Stable as Pressure Grows
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore ...
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Donald Trump
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