China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
A post only a true balance of payments geek, a currency trader, or a U.S. Treasury hand can love; as Paul Krugman used to say, wonkish.
The Chosun Ilbo on MSN
Xi Jinping pushes yuan to challenge dollar dominance
Chinese President Xi Jinping has explicitly revealed his ambition to make the yuan a second global reserve currency ...
HONG KONG: China’s yuan firmed on Tuesday near a 33-month peak against the dollar, boosted by seasonal settlement demand, ...
The Chosun Ilbo on MSN
Xi’s yuan ambition meets reserve currency challenges
Chinese President Xi Jinping has explicitly revealed his ambition to make the yuan a second reserve currency challenging U.S.
Washington says it could still designate Beijing in future if evidence found that it limits currency's strength The United ...
(Yicai) Jan. 29 -- The Chinese yuan has continued to show strong performance against the US dollar since the start of the ...
Uses of yuan borrowing broaden to include working capital and capex, supported by Hong Kong's liquidity boost, bankers say ...
Looking ahead, the yuan may continue to appreciate against the US dollar in 2026, but the pace is likely to remain moderate. One key reason is that China’s labor productivity growth over the past ...
SHANGHAI, May 26 (Reuters) - An appreciation in China's yuan might not be a good way to deal with rises in commodity prices, the state-owned Economic Information Daily said in a front-page commentary ...
Foreign visitors to the capital city of Beijing spent an unprecedented 50.6 billion yuan in 2025 Read more at The Business Times.
BEIJING] The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for the currency ahead of the Lunar New Year. Read more at ...
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