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Yuan Drops Amid Renewed U.S.-China Trade War
China Maintains Yuan Support Via Daily Fixing Amid Trade War
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the depreciation pressure on the yuan.
China keeps yuan stable against US dollar: what it means for the trade war
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined to do so.
Yuan Extends Loss With China Proxies as US Trade War Reignites
The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life.Most Read from BloombergNew York’s First ‘Passive House
Yuan slips on trade-war anxiety; yen jumps
The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break, while the yen jumped on rising bets of more Bank of Japan (BOJ) rate hikes this year.
Yuan Drops Amid Renewed U.S.-China Trade War as Yen Surges on BOJ Rate Hike Bets
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The dollar surged over 0.5% against the yuan to 7.2856, despite the Peoples Bank of China (PBOC) setting
China challenges Trump tariffs
China Moves to Bolster Currency Despite Trump Tariffs
Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a weaker currency to offset new U.S. tariffs. The People’s Bank of C
China Markets Reopen After Holiday, Bracing for Trump Tariffs Impact
Onshore Chinese markets resume after six-day holiday Trading follows US imposition of 10% tariffs, China’s response Yuan eyed as rate differentials, outflows pressure currency Today is also the first time stocks in Shanghai and Shenzhen will trade following some very big non-tariff news: the Jan.
China hits back with levies on US products after Trump's tariffs take effect
China's finance ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment and some cars.
18h
Yuan kept stable against US dollar, Trump downplays China tariffs: SCMP daily highlights
From Trump dismissing Beijing’s retaliatory measures to key science breakthroughs, here’s a round-up from today’s China and ...
2d
on MSN
US dollar ratchets higher as China tariffs kick in; Aussie slides with yuan
The dollar strengthened broadly on Tuesday after U.S. tariffs on Chinese goods came into effect, triggering swift retaliation ...
18h
on MSN
Year of the Snake comes with a bite for Chinese consumers facing an economic slowdown
As China celebrated the Lunar New Year, shoppers and travelers said they were feeling constrained by a slowdown in the ...
17m
Chinese teen sells mother's Rs 1.2 crore jewellery to buy lip studs and earrings worth Rs 700
In China, a girl stole her mother's jewellery worth crores of rupees and sold it for just Rs 700 and bought lip studs and ...
1h
Chinese localities roll out key projects, in major boost for economy
After work in the Year of the Snake officially started on Wednesday, Chinese localities began to roll out massive investment ...
1d
Tesla offers insurance subsidy for Model 3 buyers in China
Tesla China is offering insurance subsidies of 8,000 yuan ($1,103.34) for all Model 3 buyers, the automaker announced on its ...
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