By Ben Aris in Berlin The Chinese yuan has increased its role as the currency of choice to settle global trade deals, ...
China's yuan weakened to a 26-month low against a rising dollar on Wednesday, ahead of a U.S. Federal Reserve decision on policy settings, while its deviation from official guidance hit its widest ...
China's yuan slipped to nearly 17-month lows against the U.S. dollar on Thursday as widening COVID-19 lockdowns put more pressure on the slowing economy, and as the greenback continued to surge.
India's retail inflation is on an upward trajectory, while China has seen bouts of consumer-price deflation, keeping its real effective exchange rate competitive despite the yuan's advance.
China’s yuan weakened past the key 7 per dollar level for the first time in more than two years as a fragile economy and strength in the greenback weighed on the currency. The offshore yuan fell as ...
The yuan has jumped to 6.91 per dollar, its strongest level since May 2023. This marks seven straight months of gains, the longest winning streak since 2020–2021. Since the start of 2025, the yuan is ...
Huawei continued to make money in 2020 despite receiving bans from various countries around the world, posting net profit of 64.6 billion yuan, but its growth in markets outside of China grounded to a ...