Chinese yuan

New Business

As China holds the line in ‘trade war 2.0’, its yuan follows suit

When US President Donald Trump fired the opening salvoes of his country’s trade war with China in his first term,…

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New Business

Chinese yuan’s forex market share grows to 8.5% as global position firms: BIS survey

The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…

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New Business

China’s yuan set for more gains against US dollar as Fed sends dovish signals

The Chinese yuan is set to continue making gains against the US dollar over the coming months, as China’s central…

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New Business

Profitability pressure grows for China’s state banks amid low rates, poor loan demand

China’s top banks face continued pressure, as a slowing economy, lower interest rates and weak loan demand weighed on first-half…

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New Business

Hong Kong regains favour as investors turn to mainland China and yuan: Deutsche Bank

Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid…

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New Business

China rolls out policy package to guard against US tariffs: as it happened

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism…

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Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term…

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New Business

Panda vs samurai: China’s panda-bond market size tops Japan’s amid yuan internationalisation

China’s so-called panda bonds – yuan-denominated debt securities issued by offshore companies operating on the mainland – have exceeded Japan’s…

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New Business

Breaking | China trade surplus reaches record high with surge of pre-Trump exports

Buttressed by robust export figures, China’s trade surplus in 2024 broke records – however, the imminent second term of US…

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New Business

China’s record dividend payout puts yuan under pressure amid US-China tensions

China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts…

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