yuan's exchange rate

New Business

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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New Business

China’s central bank rhetoric on yuan stability takes aim at depreciation risks

China’s central bank has signalled its resolve to stabilise the yuan’s exchange rate, with a stronger tone taken during its…

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New Business

China urges ‘positive dialogue’ with US as Trump’s threatened tariffs loom large

While pledging to “firmly safeguard” China’s interests, the nation’s chief international trade representative on Friday expressed Beijing’s willingness to engage…

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