The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life. The offshore yuan slid as much as 0.3% while ...
The Legislative Yuan yesterday on third reading passed the central government budget for this year, cutting 6.6 percent from the Executive Yuan’s proposed expenditure — the largest in history. The ...
China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.
The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his inaugural address, with analysts forecasting the currency would ...
China’s Record Capital-Account Outflows Pile Pressure on Yuan Yuan has slid almost 3% in past three months amid dollar gains Management of capital account may become more stringent: BBVA ...
(Bloomberg) — For investors in China, fighting another trade war with the US will feel like anything but been there and done that. A lot has changed since the last trade war in 2018-19, not ...
The Chinese yuan is set to depreciate further against a stronger U.S. dollar — but the question of how far and how fast the yuan will fall largely depend on Beijing's desire to limit volatility ...
Describing Dongyin as an important habitat and breeding ground for migratory birds, event curator Tsai Pei-yuan (蔡沛原) said the island attracts different bird species during the winter months that ...
SINGAPORE, Jan 17 (Reuters) - Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that ...
SHANGHAI/HONG KONG, Jan 21 (Reuters) - Chinese stocks and the yuan tentatively rose on Tuesday, with investors relieved that U.S. President Donald Trump did not announce hefty trade tariffs at his ...
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Its digital yuan and the Multiple Central Bank Digital Currency Bridge (mBridge) platform represent significant technological advances that could accelerate change by offering more efficient ...