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Trump, Yuan and China
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. Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City,
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.
Morning Bid: Trump Tariff Threat Jolts Canadian Dollar, Peso, Yuan
Any speculation that U.S. President-elect Donald Trump would adopt a 'softly, softly' approach to his trade and economic policies was jolted overnight as he warned of immediate tariff hikes on Canada, Mexico and China - hitting the currencies of all three.
cryptonews
8h
‘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 ...
4m
on MSN
Ex-Bank of China chairman gets suspended death sentence for bribery: State media
Liu "truthfully confessed" the crime and most of the stolen money and property has been recovered. Read more at ...
1d
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.
9h
on MSN
China’s hottest new tourist attraction is 5,000 feet in the air
China has 3.7 million square miles of land to explore. But more and more young Chinese travelers are opting to see their ...
中国日报网
1d
China conducts 900-billion-yuan MLF operation to sustain banking liquidity
BEIJING - China's central bank on Monday conducted a 900-billion-yuan ($125.14 billion) medium-term lending facility (MLF) ...
7h
China’s Police Are Preying on Small Firms in Search of Cash
With localities facing budget holes, the police are crossing provincial borders to collect fines and draining company ...
1d
China c.bank injects $124 bln into banking system via one-year policy loans
China's central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, ...
中国日报网
5h
Harbin Ice World candied fruit stall bids start at 1 million yuan
An aerial drone photo shows tourists visiting the Harbin Ice-Snow World in Harbin, Northeast
China
's Heilongjiang province ...
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