A few Chinese exporters are speeding up conversion of their dollar income into yuan on bets the worst of the tariff-led loss ...

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The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive ...

Pakistan has put in a request to China to augment its existing swap line by 10 billion yuan ($1.4 billion), Finance Minister ...

why WOULDN’T China devalue its currency to try to soften the blow from US tariffs? The answer is that China has, unequivocally, allowed the yuan to depreciate… just not relative to the US dollar.

The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.

With the US continuously hammering down on China with reciprocal tariffs–the highest amongst Trump's recent tariff sweep, the Asian superpower has announced plans to use its currency–the yuan ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Pakistan has requested China to expand its currency swap line by 10 billion yuan ($1.4 billion), Finance Minister Muhammad ...

A gauge of the offshore yuan’s borrowing cost in Hong Kong dropped to the lowest since data became available in 2013, putting ...

The yuan remains the third worst performing currency in Asia this year behind the Indonesia’s rupiah and the Hong Kong dollar ...