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Yuan, China
China’s Central Bank Beefs Up Support As Yuan Nears 16-Month Low
China’s currency has had a rough start to 2025. It is nearing a 16-month low and many economists predict it has further to fall.
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending policies may further weaken the battered yuan.
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
China Expands Consumer Subsidies to Boost Spending
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 business and financial information, news and insight around the world China unveiled a barrage of incentives in the hope of persuading people to buy more smartphones,
China Expands Consumer Subsidies to Boost Spending as Tariff Risk Looms
The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.
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 subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector.
12h
on MSN
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 ...
5h
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.
1d
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 ...
6d
on MSN
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 ...
gulftoday
4d
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, ...
TheCable
4h
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 – ...
Yicai Global
2d
China’s Central Bank, Forex Regulator Signal Commitment to Steady Yuan Exchange Rate
(Yicai) Jan. 6 -- China’s central bank and foreign exchange watchdog have signalled that they will keep the Chinese yuan ...
1d
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Click ...
12h
on MSN
China state-backed developers give back land they acquired when property market was hot
From Vanke to China Resources Land, a number of state-backed developers on the mainland have unloaded land that they ...
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