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China's yuan slides to 4-month low on Trump's tariff promise
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.
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,
Offshore Yuan Weakens After Trump Vows Extra 10% Tariff on China
The offshore yuan weakened against the dollar, dragged by President-elect Trump’s pledge of an additional 10% tariff on China.
3h
on MSN
Chinese Firms Debt Profile Lowers Yuan Risk at Just Right Time
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan ...
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) ...
cryptonews
1d
‘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
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.
19h
on MSN
FX strategist: 'Remains to be seen' if the Chinese yuan will weaken past 7.3 per dollar
Jabaz Mathai of Citi sees further upside for the U.S. dollar, especially against China's weakening economy. He says further ...
Bloomberg L.P.
13d
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 ...
1d
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 ...
golfweek.usatoday
7d
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 ...
中国日报网
21h
Harbin Ice World candied fruit stall bids start at 1 million yuan
[Photo/Xinhua] According to a recent statement released by the Harbin Auction Company, the starting bid for tanghulu (candied ...
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