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 ...
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.
The forwards market is signaling expectations for further yuan losses as the currency is pressured by US President-elect ...
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 ...
BEIJING - China's 2024 box office revenue reached 40 billion yuan ($5.56 billion) as of Wednesday, according to film data ...
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
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