US dollar

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Economist says China’s overseas assets at risk as trade war hits boiling point

A former adviser to China’s central bank has voiced grave concerns over the safety of the country’s overseas assets, and…

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Opinion | Trump’s tariffs could mean saying goodbye to US dollar profits

April Fool’s Day fell on April 1, but the next day US President Donald Trump unleashed “Liberation Day”, imposing sweeping…

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Opinion | Trump’s tariffs deal Americans a losing hand

The world is reeling from US President Donald Trump’s “Liberation Day”, when he announced the highest US tariffs in more…

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China’s swift strike after US tariffs shows a Beijing battle-hardened since 2018: analysts

China’s stronger-than-expected counterpunch to US President Donald Trump’s latest tariff barrage was the tactical result of intensive planning for this…

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China opts for stability over devaluation as tariff tremors give yuan a jolt

While China’s central bank has set the yuan’s daily reference rate to a four-month low against the US dollar, the…

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Gold, dollars? China’s middle class unsure where to invest amid market chaos

Eric Li, a mid-level manager at a state-owned enterprise in China, recently sold a two-bedroom flat in Tianjin for 2…

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China battles to stabilise yuan after Trump’s tariffs spark market upheaval

China’s central bank set the fixing rate for the yuan against the US dollar at its lowest level since January…

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China may face sustained capital outflow pressure, top economists warn

China may continue to face capital outflow pressures over the next two years – though on a smaller scale compared…

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Macroscope | How Trump’s reckless policies could trigger a financial crisis

How much does politics matter to financial markets? Many investors believe political risk has a stronger bearing on sentiment towards…

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Exclusive | Economist Michael Pettis on China’s consumption paradox and the pitfalls of a trade war

After more than two decades in China – including years spent teaching finance at Peking University and Tsinghua University –…

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