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.
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
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.
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan ...
The combined profit of major industrial enterprises in China exceeded 5.86 trillion yuan (about 814 billion US dollars) in ...
1st LD-Writethru-China Focus: China's 2024 box office hits 40 bln yuan, showcasing market resilience
Comedy has emerged as the standout genre of the year, according to Chen Jin, an analyst at box office tracker Beacon. Films with a central comedic element have collectively earned nearly 20 billion ...
China maintained its medium-term lending rate on Monday, signaling its central bank's focus on stabilizing the yuan.
BEIJING - China's 2024 box office revenue reached 40 billion yuan ($5.56 billion) as of Wednesday, according to film data ...
Jabaz Mathai of Citi sees further upside for the U.S. dollar, especially against China's weakening economy. He says further ...
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