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BEIJING -- China has decided to provide Myanmar with 100 million yuan (approximately $13.9 million) in emergency humanitarian aid to support earthquake relief efforts, a spokesperson for the China ...
China's yuan hits a 19-month low against major trading partners amid escalating U.S.-China trade tensions. While the People's Bank of China aims to stabilize the yuan, the currency's depreciation ...
China raised the official yuan midpoint guidance for the first time in a week due to broad dollar weakness. The yuan is allowed to trade within a 2% band, and the new rate is stronger than market ...
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 ...
held in north China's Tianjin Municipality on Thursday, saw eight members of the Shanghai Cooperation Organization (SCO) sign cooperation contracts totaling nearly 4.8 billion yuan (about 665.82 ...
Donald Trump is laughing off China‘s decision to reduce the number of U.S. movies it allows to play in the country. The China Film Administration confirmed the reduction on April 10 after ...
The People’s Bank of China (PBOC) has set the Yuan’s midpoint rate at 7.2066 per dollar, the weakest since September 2023. The Chinese government has also told big state-owned banks to stop ...
Chief EM/China strategist at BCA Research, said in a report. With tariffs now at 125%, BCA argues that “there is no feasible way to mitigate the additional 114 percentage point increase in tariffs ...
China’s yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting its daily reference rate for the sixth straight session. The ...
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