Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
The People’s Bank of China said it will adjust the pace and intensity of its policymaking based on economic and financial ...
Yuan policy has figured heavily in financial analysts’ notes and other think-tank discussions this year. In a paper published by leading thinktank China Finance ... The currency has lost nearly ...
The Chinese yuan is set to ... economists said in a note last week. The central bank on Monday kept benchmark loan prime rates unchanged as it strives to keep the currency stable.
However, given the heavy involvement of the Chinese government in currency manipulation and its obsession with stability, Hongkongers can rest assured that the yuan ... the new notes and coins ...
The yuan has lost more than 12% of its ... The issuance of dim sum bonds, offshore notes denominated in China’s currency, has surged as borrowers look for cheaper funding options.
Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a weaker currency to offset new U.S. tariffs. The People’s Bank of China ...
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...
The People's Bank of China held ... fall in the currency that could spark excessive volatility while stressing the importance of foreign exchange stability. China's offshore yuan has lost more ...