China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
The onshore yuan weakened past a level that China had been defending throughout December, opening up room for the managed ...
Is China deliberately letting the yuan tank against the US dollar? What is Beijing's strategy?
The value of the yuan has tanked despite the central bank’s seemingly continued efforts to support the currency. With a ...
China will only make yuan adjustments once U.S. tariffs are announced: Strategist
Sim Moh Siong, Currency from Bank of Singapore discusses the implications from Trump's incoming tariffs on Asian currencies.
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The Impossible Trinity: Why China’s Yuan May Never Replace the US Dollar
Have you ever heard of the Impossible Trinity? Don’t worry if you haven’t - it’s one of those hidden rules in economics that rarely gets talked about. But don’t let that dissuade you, because it ...
China’s Offshore Yuan Falls to Lowest Since 2022 in Thin Trading
The offshore yuan tumbled sharply on Tuesday, briefly falling to the lowest level against the US dollar in more than two ...
PBOC Boosts Support for Yuan After Currency’s Year-End Tumble
China is keeping its hand firmly on the yuan, supporting the currency via the official daily reference rate after it slid to ...
China’s Record Dividend Payout Intensifies Pressure on the Yuan
China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend ...
Big moves expected for crypto in Asia in 2025: Asia Express
Trump may take aim at digital yuan’s overseas expansion, Korean institutions will remain sidelined from crypto, and more: Asia Express 2025.
中国日报网7h
CPC allocates 384m yuan to assist Party members in difficulty
BEIJING -- The Organization Department of the Communist Party of China Central Committee has allocated 384 million yuan ...