DESPITE external headwinds, the Chinese yuan is expected to maintain its resiliency and rebound later this year, thanks to ...
China’s currency has weakened to a 16-month low as the potential of sharp tariff increases from the incoming Trump administration fuels selling pressure on the renminbi.
The central parity rate of the Chinese currency renminbi or the yuan weakened 8 pips to 71887 against the US dollar Wednesday according to the C ...
Therefore, the recent decline in the RMB exchange rate is a result of global currencies coming under pressure from the dollar ...
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The central parity rate of the Chinese currency renminbi, or the Yuan, weakened three pips to 7.1879 against the on dollar ...
Hong Hao, chief economist at GROW Investment Group, said the yuan, or the renminbi, may still face short-term weakening ...
With this disparity, one would assume that the Chinese stock market would outperform. While seemingly strong, China’s 4.9% growth falls short of the ambitious 5% target set by policymakers. This ...
Chinese automaker Chery on Tuesday reported a 38.4% jump in global car sales for 2024 to 2.6 million vehicles and forecast ...