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Trump said on Tuesday that the 10 per cent tariff was being considered to punish China for the flow of the opiate fentanyl to Mexico and Canada. The US has accused China of sending the chemicals used ...

China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of ...

The People's Bank of China, China's central bank, on Monday announced a series of measures to reinforce Hong Kong's status as ...

Trump’s re-election has significantly impacted China’s currency. Trump’s threat of tariffs and China’s weak economy has led Wall Street to increase its bets against the renminbi. However, this is to ...

The central parity rate of the Chinese currency renminbi or the yuan strengthened 3 pips to 71705 against the US dollar Friday according to the ...

Market participants optimistic that new provisions for offshore repos of onshore bonds is first step towards mainland access ...

The renminbi has weakened despite the PBoC keeping its currency fix — an official daily exchange rate around which renminbi traded in mainland China can deviate by 2 per cent — stable at about Rmb7.19 ...

The USD/CNY exchange rate held steady this week in a low-volume environment because of the New Year celebrations. The renminbi traded at 7.3000 on Tuesday morning, its lowest level since November 2023 ...

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

In early 2018, the Chinese renminbi's rebound was stopped by then US president Trump's initiatives to escalate US-China trade tensions. The Chinese currency briefly tested the 7 per dollar mark at ...

CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong ...