The move comes amid negotiations between Beijing and Washington after US President Donald Trump sent shock-waves across the ...

India's top cement producer is paying ... though it has not come to fruition. Meanwhile, China has been trying to elevate its yuan to challenge the US dollar's dominance. Most recently, the ...

He believes China is doing this on purpose to keep its exports competitive. India may also feel the heat. A weak Yuan makes Chinese goods cheaper globally, which means Indian exports may look ...

MUMBAI (Reuters) - India's central bank could tolerate a sharper depreciation of the rupee if China lets the yuan weaken to cushion the impact of U.S. tariffs, multiple sources aware of the ...

Notably, China has struck deals with several countries to settle trade in yuan rather than dollars. This includes agreements with Russia, which has become increasingly reliant on the yuan due to ...

China's capital, Beijing. The Chinese yuan has fallen to a two-year low. (Mark R. Cristino/Shutterstock) China’s currency has hit a two-year low against the dollar, with the offshore yuan ...