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.
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan ...
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
Outspoken former Chongqing mayor Huang Qifan says Hong Kong can play a key role in the internationalisation of the yuan.
"The slide in the yuan's value reflects the negative expectations of the world towards China-U.S. relations after the recent ...
The forwards market is signaling expectations for further yuan losses as the currency is pressured by US President-elect ...
Jabaz Mathai of Citi sees further upside for the U.S. dollar, especially against China's weakening economy. He says further ...
[Photo/Xinhua] According to a recent statement released by the Harbin Auction Company, the starting bid for tanghulu (candied ...
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