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With China and the United States engaged in a full-on trade war, anxious investors are asking which side can press its ...
China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the ...
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
The PBOC may not be in a hurry to weaken the Chinese yuan, given that CNY fixings over the past few days have shown more two-way volatility with a depreciation bias, Mizuho Securities said.
US firms are trying to get price cuts from Chinese suppliers to mitigate tariffs, but supply chain experts say there are no ...
China's yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central ...
New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as ...
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 ...