China's yuan slides to four-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.
BEIJING, Nov. 28 (Xinhua) -- China's central bank conducted 190.3 billion yuan (about 26.47 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Thursday. The move ...
The yuan has come under pressure following Donald Trump's victory in the U.S. presidential election, with the offshore yuan ...
BEIJING - China's 2024 box office revenue reached 40 billion yuan ($5.56 billion) as of Wednesday, according to film data ...
BEIJING, Nov. 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 88 pips to 7.1894 against the U.S. dollar Thursday, according to the China Foreign ...
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening ...
Outspoken former Chongqing mayor Huang Qifan says Hong Kong can play a key role in the internationalisation of the yuan.
Output has surged 22% this year, the fastest growth of any region in China, and is on pace to top the half-billion ton mark ...
China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of ...
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
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