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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 key level 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.
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.
7h
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 ...
23h
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 ...
21h
on MSN
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 ...
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.
China Internet Information Center
1h
1st LD-Writethru: China's industrial profits top 5.86 trillion yuan in Jan.-Oct.
BEIJING, Nov. 27 (Xinhua) -- The combined profit of major industrial enterprises in China exceeded 5.86 trillion yuan (about 814 billion U.S. dollars) in the January-October period this year, down 4.3 ...
2d
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.
中国日报网
6h
China's industrial profits top 5.86 trillion yuan in Jan-Oct
BEIJING - The combined profit of major industrial enterprises went down 4.3 percent year-on-year in the January-October ...
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