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Yuan Gains
Yuan Gains as Trump Dials Back Tariff Threats
The yuan advanced alongside assets sensitive to China’s economy, amid signs that President Donald Trump is dialing back threats of slapping higher tariffs on exports there.
Yuan falls as Trump hints at new tariffs on Chinese imports
Trump said on Tuesday his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the US via Mexico and Canada. The offshore yuan eased around 0.2% on the news.
Trump would ‘rather not’ put tariffs on China, maintains threat
We have one very big power over China, and that’s tariffs, and they don’t want them,” the US leader told Fox News host Sean Hannity in an interview that aired Thursday in the US. “And I’d rather not have to use it.
7h
on MSN
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar fell to its lowest of the year as the Bank of ...
6d
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
3d
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
4d
on MSN
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...
3d
China stocks, yuan cautiously firm after Trump delays tariffs
Chinese stocks and the yuan tentatively rose on Tuesday, with investors relieved that U.S. President Donald Trump did not ...
中国日报网
14h
Wahaha pays out 2.4 billion yuan to frontline workers
In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year ...
1d
Yuan remains fourth most active payment currency in December: SWIFT
VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment ...
7d
Vanke Is Said to Have Prepared Cash for Yuan Bond Payment
Developer China Vanke Co., which has a record amount of debt coming due, told some creditors prior to turbulence in the ...
中国日报网
13h
China issues 4.72t yuan in new local govt bonds in 2024
BEIJING - China's local governments issued new bonds worth 4.72 trillion yuan ($658.25 billion) in 2024, data from the ...
15h
on MSN
Yen gains on BOJ hike; yuan, Antipodean peers get Trump boost
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
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