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China’s yuan strengthens after progress in Sino-US trade talks, but caution remains
China’s best choice under the current environment is to keep the yuan stable against the dollar, while allowing it to depreciate against a basket of other currencies, said Wang Jinbin, economics professor at the Renmin University of China. Such a strategy would steady capital flows, while aiding Chinese exports, he said.
SHANGHAI, - China's yuan jumped to a six-month high against the dollar on Tuesday, breaching a key threshold, after Beijing and Washington agreed to pause their trade war while the central bank also ...
With both China and the US reporting ‘progress’ in their first trade talks, the offshore yuan had strengthened to 7.22 per US ...
Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian ...
It’s been a hectic April, as the whirlwind of tariff news after Trump’s 'Liberation Day' announcement consumed markets. Click ...
Latest official web page on demographic composition categorises Han Chinese as ‘other population’, from ‘largest ethnic group’ earlier.
The Indian rupee is expected to resume its uptrend on Monday, supported by a rally in the Chinese yuan and other Asian ...
Chinese policymakers are hoping to stabilize the yuan as it faces downward pressure from U.S. levies and a gloomy growth ...
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