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China issued 9.78 trillion yuan (1.36 trillion U.S. dollars) in new yuan-denominated loans in the first three months of 2025, central bank data showed on Sunday. At the end of March, outstanding ...
China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...
The decline in Yuan comes as a trade war between the world's two largest economies escalates. US President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, ...
China’s yuan closed at its weakest level in over 17 years on Wednesday, following a record-low drop in its offshore counterpart overnight, as tensions from the escalating U.S.-China trade war ...
The Indian rupee, alongside its regional peers, was pegged back by a weaker Chinese yuan on Wednesday after US President Donald Trump's "reciprocal" tariffs kicked in, opens new tab, including a ...
On Tuesday (Apr 8), the Chinese central bank set its daily reference rate at 7.2038 yuan to the US dollar – the weakest since September 2023 and past the psychologically key 7.2 threshold. China’s ...
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.
HONG KONG, April 9 — China’s yuan ended at its weakest level in more than 17 years today after its offshore counterpart fell to a record low overnight, as an escalating Sino–US trade war rattled ...
Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...
After soundly beating the RTX 5070 with the Radeon RX 9070 XT in March 2025, AMD is now reportedly gearing up to offer a new budget gaming GPU that takes aim at the Nvidia GeForce RTX 5060 Ti.
Some talk of finding ways to exacerbate the situation, perhaps by strengthening the yuan. This would be quite a gamble. By the time inflation had picked up in America, Chinese industry and supply ...
SHANGHAI -- The Chinese yuan edged closer to a 17-year low against the U.S. dollar on Wednesday, threatening to escalate the trade war even further as U.S. President Donald Trump criticized ...