China boasts capabilities to keep yuan basically stable at adaptive and balanced level
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.
China Steps Up Measures to Boost Spending, Defend the Yuan
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
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China to support African countries with 1bn yuan to strengthen military, police
Wang Yi, China's minister of foreign affairs, says his country will give African countries Y1 billion – over $130 million – ...
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 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 yuan briefly hits weakest against dollar since Nov 2023
China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, ...
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
China expands consumer trade-in scheme to revive economic growth
China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer ...
Here Are the Tools That China Uses to Manage the Yuan
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...