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China issued 9.78 trillion yuan (1.36 trillion U.S. dollars) in new yuan-denominated loans in the first three months of 2025, central bank data showed on Sunday. At the end of March, outstanding ...
China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...
About half of the respondents to a Taiwan Public Opinion Foundation (TPOF) survey expressed support for the Executive Yuan’s proposed NT$88-billion (US$2.69 billion) package as a response to US ...
China’s yuan closed at its weakest level in over 17 years on Wednesday, following a record-low drop in its offshore counterpart overnight, as tensions from the escalating U.S.-China trade war ...
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.
hina's yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting guidance for the sixth successive trading session against a ...
Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...
SINGAPORE/HONG KONG – China’s yuan dipped to a fresh 19-month low against the US dollar on April 8 after its offshore counterpart fell to a record low overnight, as investors fretted about an ...
In this context, China can intensify efforts to promote the internationalization of the renminbi on three fronts, Zhang said, including increasing the proportion of the yuan as a global commodity ...
Some talk of finding ways to exacerbate the situation, perhaps by strengthening the yuan. This would be quite a gamble. By the time inflation had picked up in America, Chinese industry and supply ...
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