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
China's stocks kick off Year of the Snake with trade war, AI rally
China's stocks and currency came under pressure as markets returning from a week-long break were greeted by a new trade dispute with the United States and ructions in the global artificial intelligence sector.
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 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.M
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.
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 ...
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 ...
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 ...
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 ...
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 ...