China's yuan slides to four-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of ...
BEIJING, Nov. 28 (Xinhua) -- There is significant room to improve logistics efficiency in China, and the country has rolled out a plan to cut the ratio of social logistics costs to GDP to ...
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
Analysts predict that new US tariffs, potentially reaching 60% on Chinese imports, could drive the yuan to its weakest level ...
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening ...
Chinese steelmakers narrowed losses in October, after the government’s efforts to stimulate the economy encouraged more ...
China has 3.7 million square miles of land to explore. But more and more young Chinese travelers are opting to see their ...
China's central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, ...
China's 2024 box office revenue is at 40 billion yuan (5.56 billion U.S. dollars) as of Wednesday, according to film data ...
The yuan has come under pressure following Donald Trump's victory in the U.S. presidential election, with the offshore yuan ...
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