Yuan could weaken to 7.5 against USD in 2025, but it will be 'lower beta' compared to other Asia currencies: Strategist
Vishnu Varathan from Mizuho Bank says Australian Dollar and Korean Won would be hit hard if there is China demand shocks on ...
China Internet Information Center3h
China issues local gov't bonds worth 4.67 trillion yuan in January-November
China's local governments issued new bonds worth 4.67 trillion yuan (about 650 billion U.S. dollars) in the first 11 months of this year, data from the Ministry of Finance showed on Friday. Of the ...
Business Recorder1d
China’s yuan nears key threshold, set for third straight yearly loss in 2024
SHANGHAI: China’s yuan hovered near a 13-month low in holiday-thinned trading on Thursday, not far from breaching ...
PBOC Offers Strongest Yuan Support Since July After Dollar Gains
China ramped up support for the currency via its daily reference rate after Federal Reserve’s caution over future interest ...
Rupee slips to all-time low pressured by weak yuan, importer dollar bids
The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar ...
Yuan’s fall would be a gift to Bank of Japan
Chinese leaders are discussing the possibility of letting their currency weaken to blunt the impact of potential U.S. trade ...
China's yuan nears 13-month low amid falling bond yields
CHINA's yuan hovered near a 13-month low against the U.S. dollar on Tuesday, pressured by bond yields near record-lows amid a ...
China revises up 2023 GDP by 3.37t yuan, as census offers ‘clearer’ picture of economy
China's National Bureau of Statistics (NBS) on Thursday revised the country's GDP to about 129.43 trillion yuan ($17.73 ...