Yuan Gains as Trump Dials Back Tariff Threats
The yuan advanced alongside assets sensitive to China’s economy, amid signs that President Donald Trump is dialing back threats of slapping higher tariffs on exports there.
China stocks, yuan cautiously firm after Trump delays tariffs
Chinese stocks and the yuan tentatively rose on Tuesday, with investors relieved that U.S. President Donald Trump did not announce hefty trade tariffs at his inauguration but unwilling to bet this meant improved U.
Trump threatens EU tariffs, warns of Feb. 1 China deadline
U.S. President Donald Trump says his administration is discussing new tariffs on Chinese goods by February 1, raising the specter of a retaliatory trade war with the second-largest economy in the world.
How China is reacting to Trump amid tariff threats, TikTok bans
Beijing was steeling itself for a first-week assault from Donald Trump. That hasn’t happened — yet — so Chinese leaders are making nice and hoping to cut a deal.
Dollar slides as Trump softens tone on China tariffs
The dollar fell on Friday, on track to log its worst week in more than a year, after U.S. President Donald Trump suggested a potentially softer stance on tariffs against China which added to uncertainties around U.
Trump softens China tariff rhetoric
A majority surveyed by the American Chamber of Commerce in China worried about a further deterioration in ties, the most in five years. Sean Hepburn Ferrer, the son of the late Audrey Hepburn, shared his thoughts on Ivanka Trump wearing a dress originally designed for his mom to Donald Trump’s 2025 Inaugural Ball.
Yen rises after BOJ hike; yuan, Antipodean peers get Trump boost
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
Channel NewsAsia Singapore14h
China unveils plan to channel hundreds of billions of yuan from insurance funds into stock market
China has announced plans to channel hundreds of billions of yuan annually from state-owned insurers into shares. Led by the chief of the China Securities Regulatory Commission, officials from five ...
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
中国日报网8h
Wahaha pays out 2.4 billion yuan to frontline workers
In 2024, beverage producer Wahaha Group paid 2.4 billion yuan in salaries to its frontline workers, a 20 percent year-on-year ...
Yuan remains fourth most active payment currency in December: SWIFT
VCG. Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment ...
Vanke Is Said to Have Prepared Cash for Yuan Bond Payment
Developer China Vanke Co., which has a record amount of debt coming due, told some creditors prior to turbulence in the ...
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
中国日报网4h
China's general public budget revenue exceeds 21.97 trillion yuan in 2024
China's general public budget revenue, which is the sum-up of tax revenue and non-tax revenue, reached more than 21.97 ...
China Faces Harsh Dilemma as Yuan Comes Under Pressure
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...