Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
Throw in deflation risks, and you’ve got a recipe for disaster. The yuan’s value sinks as markets react to Trump It’s getting ugly. The onshore yuan hit 7.248 on November 14, which was its ...
While the central bank is unlikely to say it will no longer uphold the currency, it will emphasize allowing the markets more power in deciding the yuan’s value, a second source with knowledge of ...
VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active ...
China's total social logistics value rose 5.8 percent year on year to 360.6 trillion yuan (about 50.28 trillion U.S. dollars) in 2024, data from the China Federation of Logistics and Purchasing showed ...
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 ...
Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion yuan onshore bond due on Monday. Unlike the redemption of the 2027 notes, ...
The yuan has lost more than 12% of its value against its neighboring currency over the past three years, putting it on course to hit parity for the first time since 2007. The decline has hurt ...
Once coveted by foreign funds including CarVal, the shopping complex has been abandoned since 2017 after its owner fell into ...
BEIJING -- China's total social logistics value rose 5.8 percent year-on-year to 360.6 trillion yuan (about $50.28 trillion) ...
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