Yuan

Chinese Central Bank Reaffirms Commitment to Stabilizing Foreign Exchange Market

10 days ago

The People's Bank of China (PBOC) has recently reiterated its firm stance on safeguarding the nation's foreign exchange (FX) market against potential shocks. Senior officials have emphasized the need for robust measures to maintain stability amidst current economic pressures that threaten the integrity of the yuan.

China's Strategic Response to Trump Tariffs: Stimulus Measures and Currency Adjustments

1 month ago

Amid rising tensions surrounding trade policies, China is gearing up to counter the impact of tariffs introduced by former President Donald Trump. In the wake of the U.S. imposing significant tariffs on Chinese goods, analysts forecast that the Chinese government will utilize a combination of economic stimulus and a weaker yuan to mitigate the adverse effects of these trade barriers.

China's Finance Ministry to Unveil Key Economic Support Strategies Amidst Slowdown

2 months ago

As economic uncertainties loom over China, the nation's Finance Ministry is gearing up for an essential policy briefing that aims to address the ongoing economic challenges and outline support measures. Scheduled for Thursday, this announcement comes at a critical juncture as the country grapples with significant growth slowdowns, rising unemployment rates, and a depreciating yuan.