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yuan

  • Payment Standards System SWIFT Forms Joint Venture in China
    Payment Standards System SWIFT Forms Joint Venture in China
    News Analysis Financial messaging and international payments leader SWIFT has set up a joint venture with the People’s Bank of China’s (PBoC) digital currency arm to create a product to ...
    February 14, 2021BY Fan Yu
  • China’s Digital Currency Poses Security Risks the West Can’t Ignore
    China’s Digital Currency Poses Security Risks the West Can’t Ignore
    Commentary The regime in Beijing recently completed digital yuan testing in a seemingly innocuous manner. In the southern ...
    November 1, 2020BY Fan Yu
  • Why China Rushes to Roll Out Digital Currency 
    Why China Rushes to Roll Out Digital Currency 
    Commentary In April, the Chinese regime announced that it would launch a digital currency pilot program. In early ...
    August 31, 2020BY Frank Xie
  • Will the Digital Yuan Challenge US Hegemony?
    Will the Digital Yuan Challenge US Hegemony?
    Commentary China is now testing its digital version of the yuan after five years of development. It will ...
    June 10, 2020BY James Gorrie
  • China International Trade in Yuan Currency Plunges by 11.82 Percent: Report
    China International Trade in Yuan Currency Plunges by 11.82 Percent: Report
    China’s volume of international trade in its yuan (renminbi or RMB) currency plunged by almost 12 percent in ...
    October 28, 2019BY Chriss Street
  • Will China Central Bank’s Debt Bomb Blow Up the Yuan?
    Will China Central Bank’s Debt Bomb Blow Up the Yuan?
    Commentary On Aug. 5, the U.S. Treasury declared China a currency manipulator for allowing its currency, the yuan ...
    September 12, 2019BY James Gorrie
  • NTD Midday News Full Broadcast (August 26)
    NTD Midday News Full Broadcast (August 26)
    Trump meets with CA, MX, and other world leaders as G7 summit wraps up; Trump says China wants ...
    August 26, 2019BY NTDTV
  • China’s Yuan Slumps to 11-Year Low as US-China Trade War Escalates
    China’s Yuan Slumps to 11-Year Low as US-China Trade War Escalates
    SHANGHAI/HONG KONG—China's yuan slumped to a fresh 11-year low against the dollar on Aug. 26 and stocks fell ...
    August 26, 2019BY Reuters
  • Canadian Dollar Favoured While Yuan Wreaks Havoc in Markets
    Canadian Dollar Favoured While Yuan Wreaks Havoc in Markets
    But the net impact on the Canadian dollar is probably quite small, says Greg Anderson, global head of ...
    August 7, 2019BY Rahul Vaidyanath
  • China Opens New Front in Trade War, Manipulating Its Currency
    China Opens New Front in Trade War, Manipulating Its Currency
    WASHINGTON—China has resorted to currency manipulation, allowing the yuan to fall against the U.S. dollar, in an apparent ...
    August 6, 2019BY Emel Akan
  • Trump Denounces Beijing for Letting Currency Fall to 11-Year-Low as Trade War Escalates
    Trump Denounces Beijing for Letting Currency Fall to 11-Year-Low as Trade War Escalates
    President Donald Trump on Aug. 5 criticized the Chinese regime for letting the yuan fall to the key ...
    August 5, 2019BY Cathy He
  • China’s Yuan Falls to 2019 Low After Trump Tariff Threat
    China’s Yuan Falls to 2019 Low After Trump Tariff Threat
    BEIJING—China's yuan fell on Aug. 2 to its lowest level this year against the dollar following President Donald ...
    August 2, 2019BY The Associated Press
  • Yuan Currency’s Internationalization Hits Snag
    Yuan Currency’s Internationalization Hits Snag
    After making substantial progress early on, overseas adoption of the offshore yuan (CNH) has plateaued since 2016
    February 11, 2019BY Fan Yu
  • China to Defend Seven Yuan Per Dollar Rate, But May Find it Tough
    China to Defend Seven Yuan Per Dollar Rate, But May Find it Tough
    BENGALURU—Chinese authorities will defend the yuan from weakening past the psychological 7 per dollar rate, very close to ...
    November 1, 2018BY Reuters
  • China’s Yuan Sinks to 10-Year Low Against Dollar
    China’s Yuan Sinks to 10-Year Low Against Dollar
    BEIJING—China's yuan sank to a 10-year low against the dollar on Oct. 29, coming close to breaking the ...
    October 29, 2018BY Reuters
  • China to Slow Yuan’s Slide to 7 Per Dollar Amid Growing Concerns
    China to Slow Yuan’s Slide to 7 Per Dollar Amid Growing Concerns
    BEIJING—China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important ...
    October 26, 2018BY Reuters
  • US Treasury Declines to Label China a Currency Manipulator, Warns on Practices
    US Treasury Declines to Label China a Currency Manipulator, Warns on Practices
    While the semiannual report stopped short of labelling China a currency manipulator, it carried an implicit warning to ...
    October 22, 2018BY Lin Yan
  • China’s Yuan Sinks Further After US Currency Report
    China’s Yuan Sinks Further After US Currency Report
    BEIJING—China's politically sensitive yuan sank to a 22-month low against the dollar on Oct. 18 after the U.S. ...
    October 18, 2018BY The Associated Press
  • US-China Trade Talks Must Cover Currency, US Treasury Chief Says
    US-China Trade Talks Must Cover Currency, US Treasury Chief Says
    NUSA DUA, Indonesia—U.S. Treasury Secretary Steven Mnuchin said on Oct. 12 that he told China's central bank chief ...
    October 12, 2018BY Reuters
  • China Constricts Capital Outflows With Eye on Yuan Stability Amid Trade Pressure
    China Constricts Capital Outflows With Eye on Yuan Stability Amid Trade Pressure
    SHANGHAI—China's latest attempts at restricting outward investment by its residents show just how nervous policymakers in the world's ...
    October 11, 2018BY Reuters
  • Fearing Depreciation, Chinese Are Breaking the Law to Move Their Money Abroad
    Fearing Depreciation, Chinese Are Breaking the Law to Move Their Money Abroad
    China has implemented tight control over its foreign exchange reserves due to the depreciating value of the yuan ...
    September 26, 2018BY Central News Agency
  • China Capital Outflows Are a Vote of No Confidence in Economy
    China Capital Outflows Are a Vote of No Confidence in Economy
    The Chinese currency, the yuan, is a strange animal. Linked to the U.S. dollar, it hardly moves—but when ...
    October 31, 2016BY Valentin Schmid
  • Citi Chief Economist Names China’s Three Problems
    Citi Chief Economist Names China’s Three Problems
    The chief economist of Citigroup is not your average economist. Yes, Willem Buiter studied plenty of economic theory ...
    July 19, 2016BY Valentin Schmid
  • Kyle Bass: ‘We Are Seeing the Chinese Machine Break Down’
    Kyle Bass: ‘We Are Seeing the Chinese Machine Break Down’
    He was right about subprime, right about gold, and early in his call for a Japanese crisis. Is ...
    July 5, 2016BY Valentin Schmid
  • Chinese Currency Moves Signals Trouble Ahead
    Chinese Currency Moves Signals Trouble Ahead
    After the market fireworks at the beginning of the year, things started to quiet down at the end ...
    May 19, 2016BY Valentin Schmid
  • China’s Currency Chaos—Everything Is Connected
    China’s Currency Chaos—Everything Is Connected
    One thing leads to another.
    January 6, 2016BY Valentin Schmid
  • These Events Show How China Reacts to a Market Crisis
    These Events Show How China Reacts to a Market Crisis
    To its credit, China implemented a couple reforms this year. Does this mean it will let markets rule? Most ...
    December 31, 2015BY Valentin Schmid
1 2 Next
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