China Steps Up Measures to Support Its Tumbling Currency
Equity investors aren’t confident policymakers will pull off their tightrope walk, with the MSCI China Index down 20% from ...
China’s Clash With FX Speculators Might Surprise George Soros
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the ...
China braces for Trump’s impact
China's leaders are bracing for shocks to the economy from higher tariffs threatened by U.S. President-elect Donald Trump ...
China Lets Yuan Weaken After Defending 7.3 Per Dollar for Weeks
The onshore yuan weakened past a level that China had been defending since late last year, opening up room for the managed ...
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China's Renmimbi has become world's second most used currency in trade finance
China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ ...
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China’s renminbi goes up against Wall Street bets
Trump’s re-election has significantly impacted China’s currency. Trump’s threat of tariffs and China’s weak economy has led ...