China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.
Many experts expected a tariff hike on day one of Mr Trump's presidency, but his decision to delay placing levies on Chinese ...
A pilot scheme enabling insurers to purchase equities will be launched in the first half of 2025, with an initial scale of at least 100 billion Yuan. Meanwhile, the People’s Bank of China (PBoC ...
The People’s Bank of China unleashed a monetary stimulus blitz last September in an attempt to boost the economy — and is now pushing back against a yuan slide that has been exacerbated by ...
(Bloomberg) -- As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US tariffs, the currency faces an additional downdraft ...
China’s central bank set a stronger-than-expected fixing rate for the yuan against the US dollar on Wednesday, signalling that China does not plan to offset the impact of US tariffs by allowing ...
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation. China is walking a tightrope on its currency. Economic fundamentals ...
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 ...