China faces a “toxic combination” of deflation and devaluation which Japan did not experience. It may be a sign of greater ...

China’s central bank on Wednesday set the yuan midpoint at 7.1693 per dollar, the strongest level since Nov. 8, 2024, which ...

Meanwhile, the President's press secretary confirmed that Trump would speak with his Chinese counterpart Xi ... rupiah traded 0.4% in the green. "Any sign that both Xi and Trump have a 'good ...

The Chinese city of Changchun has not printed its own currency, contrary to social media posts from accounts that often fan ...

Chinese currency depreciation, retaliatory tariffs on U.S. exports to China, and more. Which of these measures China deploys and when will depend on what Trump decides to do. Unlike its largely ...

Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a weaker currency to offset new U.S. tariffs. The People’s Bank of China ...

Many analysts had expected the PBOC to set a lower rate for the yuan this year, as a weakening of the Chinese currency would mitigate the impact of US tariffs on Chinese exporters. The US ...

China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...

China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...

“We are on record—we don’t support any BRICS currency. Imagine us having a currency shared with China. We have no plans. It is impossible to think of a BRICS currency,” he stated, shutting ...