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China widens fiscal window to step up spending, counteract US tariffs

China has set its highest deficit ratio in history – 4 per cent this year, allowing for more government spending…

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New Business

Economists rebuke Trump’s currency claims, explain why Beijing wants yuan stable

US President Donald Trump’s latest accusation of China’s trade advantage via yuan depreciation suggests his sights are set on reducing…

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New Business

China’s yuan hits 2-year low, Asian currency pressure rises, as US dollar strengthens

With the offshore yuan having plunged to its lowest level in more than two years against the US dollar as…

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New Business

China preps policy support for economic conference held under Trump’s shadow

China’s annual tone-setting economic work conference, which is set to convene this week, is expected to assess mounting challenges and…

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New Business

Can China’s yuan, now a familiar face around the world, become a must-have currency?

China’s growing economic influence and trade with the rest of the world has made the yuan more acceptable to foreign…

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