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Yuan Drops Amid Renewed U.S.-China Trade War
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
China May Loosen Grip on Yuan If Trump Reignites Trade War
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 tariffs go into effect.
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 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 retaliates against Trump with tariffs of its own
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.
China, Lunar New Year
China Box Office Hits Record $1.3 Billion Over Lunar New Year, Imax Also Scales New Highs
China’s film market enjoyed a record-breaking Lunar New Year, amassing $1.31 billion in total box office revenue over the seven-day holiday period.
China touts record spending over Lunar New Year holiday
Travel and spending during China’s Lunar New Year holiday hit new records this year, giving the government an encouraging boost as it seeks to ramp up the ailing economy.
Over Lunar New Year, China's box office hits record, travel jumps
China's box office raked in record takings over the Lunar New Year holiday while domestic spending jumped, data showed on Wednesday, marking a bright showing for Chinese policymakers as they work to spur domestic demand.
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 ...
22h
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 ...
2h
Chinese Teen Steals Mother's Jewellery Worth Rs 1.2 Crore To Buy Lip Studs
Wang discovered her daughter, Li, had sold valuable jade bracelets, necklaces, and gemstones from their home at a local ...
2d
on MSN
US dollar edges higher as China tariffs kick in; Aussie, yuan slide
The dollar strengthened on Tuesday after U.S. tariffs on Chinese goods came into effect, triggering swift retaliation from ...
3d
on MSN
China has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says
Unlike Canada and Mexico, China hasn't yet announced retaliatory tariffs after Trump unveiled his long-awaited levies on ...
1d
Ordinary Chinese stoic in the face of escalating US trade war
Ordinary Chinese stoic in the face of escalating US trade war ...
3d
on MSN
Yuan hits record low, Mexican peso, Canadian dollar tumble on Trump tariffs
China's yuan slumped to a record low in offshore trading on Monday, while Mexico's peso and Canada's dollar tumbled to ...
1d
China holds out hope last-minute deal can avert US trade war
China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping ...
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