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China stocks, yuan cautiously firm
China stocks, yuan cautiously firm after Trump delays tariffs
By Samuel Shen and Jiaxing Li SHANGHAI/HONG KONG (Reuters) -Chinese stocks and the yuan tentatively rose on Tuesday, with investors relieved that U.S. President Donald Trump did not announce hefty trade tariffs at his inauguration but unwilling to bet this meant improved U.
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
China Heads for Trump Showdown With Yuan, Stocks Under Threat
For investors in China, fighting another trade war with the US will feel like anything but been there and done that.
7h
China orders pay cap at state-owned financial firms, sources say
China is set to impose a 1 million yuan ($137,309) cap on the annual income of staff at central government-owned financial ...
2d
on MSN
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
The People's Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC ...
4d
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
2d
China leaves benchmark lending rates unchanged
China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited ...
2d
on MSN
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with stimulus measures.
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2d
China's box office pre-sales for Spring Festival season hit 200m yuan
BEIJING - China's advanced ticket bookings for movies set to be released during the upcoming Spring Festival holiday have ...
16h
Historic flooding in southern China kills 47, with more floods feared in coming days
The extreme weather also destroyed around 221 miles of road, damaged more than a hundred bridges and flooded farmland.
5d
on MSN
Analysis-Markets are betting China will let yuan fall as Trump takes power, but not much
Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald ...
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