History points to more gains as CSI 300 and Hang Seng Index surge during yuan appreciation cycles over the past decade.
The Chinese yuan’s appreciation since April is unfolding at just the right pace to neutralize any benefits from holding higher-yielding dollars — and puts it on course to hit 7 against its US ...
IIIF provides researchers rich metadata and media viewing options for comparison of works across cultural heritage collections. Visit the IIIF page to learn more. Obverse Image: Name of bank at top, ...
China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...
China’s foreign-exchange reserves rose in December amid a weaker dollar, wrapping up a year marked by a ballooning trade ...
Suppose the weakening Chinese economy, rising dollar, and possibility of greater US Tariffs weren't bad enough. In that case, the yuan is now facing an extra downdraft: an influx of capital seeking to ...
SHANGHAI/SINGAPORE (Reuters) -As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People's Bank of China was seizing a moment of ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls will keep the currency from truly ...