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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.
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.
Trump Says He Is Discussing 10% Tariff on China on Feb. 1
U.S. President Donald Trump on Tuesday said his administration is discussing imposing a 10% tariff on goods imported from China on Feb. 1 because fentanyl is being sent from China to Mexico and Canada.
2h
on MSN
China orders pay cap at state-owned financial firms, sources say
BEIJING: China is set to impose a 1 million yuan (US$137,309) cap on the annual income of staff at central government-owned ...
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 ...
1d
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’.
1h
China welcomes back Hollywood movies in bid to spur spending
On her way to catch a foreign flick in Beijing, Jane Yao buys a cinnamon roll, eats ramen, visits a bookshop and drops by a ...
8d
China Reiterates Goal to Keep Yuan Stable as Pressure Grows
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore ...
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 ...
Nikkei Asia
7h
iPhone, Xiaomi prices cut in China to reap smartphone subsidies
GUANGZHOU -- Smartphone makers and sellers are cutting prices on brands from iPhone to Xiaomi as they seek to make the cut ...
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