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China's yuan slides to 4-month low on Trump's tariff promise
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.
China's yuan slides to four-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest 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.
Asian markets retreat amid Wall Street records and tariff tensions; China’s yuan slides to 4-month low
Asian stock markets fell on Tuesday, bucking the rally in US equities, as regional indices reacted to mixed economic data and geopolitical concerns.
cryptonews
11h
‘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 ...
1d
on MSN
China's central bank keeps medium-term loan rate unchanged amid yuan weakness
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
1h
China ex-bank chief gets suspended death sentence for graft
The former head of a top Chinese bank was handed a suspended death sentence for corruption on Tuesday, state media reported, ...
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.
2h
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 ...
9h
China sucks up seaborne thermal coal, but domestic output caps prices: Russell
China's seaborne imports of thermal coal are on track to surge to an all-time high in November as the world's biggest buyer ...
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 ...
1d
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.
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 ...
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