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Yuan, China and Donald Trump
China Draws a Red Line for the Yuan as Trump Risks Return
A line in the sand is starting to emerge for the yuan, as China tightens its grip on a currency that is facing fresh tariff threats from US President-elect Donald Trump. The People’s Bank of China has consistently set its daily reference rate — Beijing’s preferred tool to guide yuan expectations — stronger than 7.
China's yuan slides to 4-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest level in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.
China fights yuan weakness with steady interest rates as US tariff threats ease
China’s central bank kept its medium-term lending facility (MLF) rate locked at 2.0% on Monday, stabilizing the yuan as pressure mounts following Donald Trump’s U.S. election win. The People’s Bank of China (PBOC) injected 900 billion yuan ($124.
cryptonews
45m
‘China’s Digital Yuan Has Failed, and Has Weakened Xi’ – Report
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening ...
15h
Yuan to catch up to China’s position in world’s economy: ex-official
Outspoken former Chongqing mayor Huang Qifan says Hong Kong can play a key role in the internationalisation of the yuan.
6d
Falling yuan poses challenge for China's policymakers
"The slide in the yuan's value reflects the negative expectations of the world towards China-U.S. relations after the recent ...
22h
China’s central bank holds medium-term loan rate steady as yuan struggles
China maintained its medium-term lending rate on Monday, signaling its central bank's focus on stabilizing the yuan.
7d
Beijing can slow, not stop, the yuan’s fall
Robert Lighthizer. Mike Walz. Marco Rubio. These renowned China hawks are not the names Beijing wants popping up in President ...
Bloomberg L.P.
12d
Yuan Funding Demand Rises on Bearish Bets, Intervention Fear
The forwards market is signaling expectations for further
yuan
losses as the currency is pressured by US President-elect ...
5h
Hong Kong, Guangdong firms sign trade deals worth 100 billion yuan
Chief Executive John Lee is on trip to province with officials and tycoons, weeks after Beijing urged authorities and firms ...
19h
China conducts 900-billion-yuan MLF operation to sustain banking liquidity
China's central bank on Monday conducted a 900-billion-yuan (about 125.14 billion US dollars) medium-term lending facility ...
golfweek.usatoday
6d
Carl Yuan tee times, live stream, TV coverage | The RSM Classic, November 21-24
Carl
Yuan
is among the entrants who will be competing at Sea Island Golf Club (Seaside Course) in Sea Island, GA from ...
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