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 ...
China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Chinese regulators reiterated a pledge to defend the yuan as the currency comes under renewed pressure amid the prospects of ...
BofA's Piron on USD strength, Yuan weakness, and potential Trump tariffs
Claudio Piron of BofA Securities says the FX markets will be scrutinizing the period around President-elect Trump's ...
China Reiterates Goal to Keep Yuan Stable as Pressure Grows
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore ...
Taiwan Dollar Set to Replace Yuan as Asia’s Top Funding Currency
The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of ...
China Boosts Yuan Support With Warning, Capital Control Tweaks
China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption ...
To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt
For companies that have reached the upper limit of overseas financing, a relaxation may be welcome, but the move’s ...
PBOC’s Xuan: Will continue to take measures to keep Yuan basically stable at reasonable and balanced levels
Xuan Changneng, People’s Bank of China (PBOC) Deputy Governor, said on Tuesday that the central bank “will continue to take ...
China's yuan hovers near 16-month low despite official support
The yuan hovered near 16-month lows against the dollar on Monday, despite more support measures for the currency and as the ...
China unveils US$13 billion trade finance facility in boost to yuan hub in Hong Kong
China unveiled fresh measures to strengthen Hong Kong's role as an offshore yuan financing hub, including establishing a new ...
China's central bank halts bond buying as yuan struggles
China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring ...
China Internet Information Center2h
China's trade-in program boosts consumer goods sales by over 1.3 trln yuan
The sales revenue of consumer goods under China's policy-backed trade-in program has surpassed 1.3 trillion yuan (180.85 billion U.S. dollars), data from China's Ministry of Commerce showed on ...