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China fights yuan weakness with steady interest rates
China's yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.
China fights yuan weakness with steady interest rates as US tariff threats ease
China’s central bank kept its medium-term lending facility (MLF) rate locked at 2.0% on Monday, stabilizing the yuan as pressure mounts following Donald
China Central Bank Keeps Key Policy Rate Steady
China’s central bank kept a key policy rate steady in November and drained billions in liquidity from the financial system via a medium-term liquidity management tool.
China's central bank keeps medium-term loan rate unchanged amid yuan weakness
The yuan has come under pressure following Donald Trump's victory in the U.S. presidential election. Wang Tao, chief China economist at UBS Investment Bank, estimates the MLF to remain at 2.0% this year before coming down to 1.
China Keeps Policy Loan Rate Unchanged for Second Month
China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.
China, Mexico, Canada respond to Trump tariff threats
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.
Trump threatens tariffs on Canada, Mexico, China imports. Here's what NJ gets from them
Trump said on his social media platform Truth Social that once he takes office on Jan. 20, 2025, the tariffs would remain in place until both nations clamp down on drugs coming into the U.S, particularly fentanyl,
President-elect Trump threatens Canada, Mexico, China with tariffs over border concerns
President-elect Donald Trump vowed Monday to slap punitive tariffs against Canada, Mexico and China, citing allegations that drugs and undocumented immigrants were entering the United States via those countries.
2d
on MSN
China Draws a Red Line for the Yuan as Trump Risks Return
A key level is starting to emerge for the yuan, as China tightens its grip on a currency that is facing fresh tariff threats ...
1h
New US tariffs could push Chinese yuan to decades-low levels: analysts explain why
Analysts predict that new US tariffs, potentially reaching 60% on Chinese imports, could drive the yuan to its weakest level ...
Opinion
ジャパンタイムズ
20h
Opinion
China will send a weaker yuan to the Trump front
Beijing’s long-standing line has been a commitment to keep the yuan 'basically stable.” But Trump’s return with his tariff ...
SHINE
59s
China's livestreaming e-commerce: a rise, fall and complex future
According to iResearch, the increase in complaints of the Chinese livestreaming e-commerce market has outpaced market growth, ...
China Internet Information Center
1h
China's drug price negotiation program saves billions for patients
China's expanded drug coverage through price negotiations had saved patients over 880 billion yuan (about 112.4 billion U.S. dollars) as of October 2024, according to the National Healthcare Security ...
2d
Yuan to catch up to China’s position in world’s economy: ex-official
Outspoken former Chongqing mayor Huang Qifan says Hong Kong can play a key role in the internationalisation of the yuan.
cryptonews
2d
‘China’s Digital Yuan Has Failed, and Has Weakened Xi’ – Report
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening ...
China Internet Information Center
23h
China's 2024 box office hits 40 bln yuan, showcasing market resilience
China's 2024 box office revenue is at 40 billion yuan (5.56 billion U.S. dollars) as of Wednesday, according to film data ...
1d
Exclusive: China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of ...
20h
on MSN
JPMorgan Sees 10-15% Chinese Yuan Slide in Response to Trade War
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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