Yuan

New Business

Why China’s yuan is forecast to extend gains against the US dollar through 2025

Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against the US…

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China’s yuan fixing rate hits 2-month high as US dollar drops

China’s central bank set the yuan’s daily fixing against the US dollar at its strongest level in more than two…

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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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Chinese economist warns that financial sanctions could become new US-China battleground

A prominent Chinese economist has cautioned that financial sanctions and countermeasures could “become a new battleground” in China-US rivalry, while…

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China’s yuan fit to rival US dollar as global currency if more accessible: economist

China’s yuan has the potential to rival a weakening US dollar as a global currency if Beijing liberalises convertibility and…

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Goldman Sachs, UBS raise China economic growth forecasts after US trade truce

With tariff reductions signalling a de-escalation of trade tensions between China and the United States, investment banks are upgrading their…

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Offshore yuan gets a lift as market awaits outcome of US-China trade talks

With reports circulating of a breakthrough in China-US trade talks, the offshore yuan jumped in value against the US dollar…

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China avoiding ‘disruptive’ de-dollarisation despite US trade war, report says

China has done little to de-dollarise its economy despite a push to resist Washington in a tumultuous trade war, and…

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China’s offshore yuan jumps to 6-month high as rollback of ‘egregious’ tariffs seen likely

The offshore yuan strengthened and broke past the 7.2 level against the US dollar for the first time since November,…

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New Business

Explainer | How China is expanding and accelerating its ‘special bonds’ programme

China’s Ministry of Finance kicked off its issuance of ultra-long-term special government bonds for 2025 on Thursday, as part of…

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