Yuan

China aims to cut steel glut, avoid race to devalue yuan: US

Jack Lew said today that China had agreed to try to wind down unprofitable "zombie enterprises" and to push ahead with reforms to make its economy more balanced.

China aims to cut steel glut, avoid race to devalue yuan: US

China to continue market-based currency reform, promote yuan trading in US: Jack Lew

China committed during bilateral talks to continue "market-oriented exchange rate reform that allows for two-way flexibility" of its yuan currency, U.S. Treasury Secretary Jack Lew said on Tuesday.

China to continue market-based currency reform, promote yuan trading in US: Jack Lew

China’s yuan eases as corporate dollar demand offsets suspected intervention

The yuan edged lower against the dollar on Tuesday, as companies bought the greenback hovering near four-week lows, offsetting suspected state-bank intervention to shore up the Chinese currency.

China’s yuan eases as corporate dollar demand offsets suspected intervention

Yuan fixed at 5-year low versus US dollar: Janet Yellen’s comments weaken China’s currency

Chinese currency yuan weakened to hover around its end-January lows on Monday, after the central bank fixed the softest midpoint against the dollar since 2011.

Yuan fixed at 5-year low versus US dollar: Janet Yellen’s comments weaken China’s currency

Annual output of China’s satellite industry tops $30 bn

The annual output value of the Chinese satellite industry has exceeded 200 billion yuan (USD 30 billion), according to China's top aerospace administration.Satellite technology has been widely used in various domains in China

Annual output of China’s satellite industry tops $30 bn

China’s yuan eases, market prices in Fed hike prospects

The yuan eased against the dollar to hover near its two-month trough on Wednesday, as companies rushed to buy the US currency on increased prospects of a US interest rate hike.

China’s yuan eases, market prices in Fed hike prospects

China’s Yuan, Indian rupee forecast to weaken slightly over coming year

The outlook for major Asian currencies has stayed remarkably stable, according to a Reuters poll of strategists, despite the Japanese yen's explosive rally....

China’s Yuan, Indian rupee forecast to weaken slightly over coming year

China cuts yuan fix in biggest move since devaluation

China's central bank today fixed the yuan currency nearly 0.60 per cent weaker against the US dollar, according to the national foreign exchange market...

China cuts yuan fix in biggest move since devaluation

China’s yuan firms despite Moody’s cutting China outlook to ‘negative’

China's yuan edged up against the dollar on Wednesday, shrugging off the decision by rating agency Moody's to downgrade the outlook for Chinese sovereign debt.

China’s yuan firms despite Moody’s cutting China outlook to ‘negative’

China floods financial system with $52 bn to boost liquidity

China's central bank said today it was funnelling 340 billion yuan (USD 52 billion) into the financial system, the second injection in three days to meet surging demand for funds ahead of the Lunar New Year holiday.

China floods financial system with $52 bn to boost liquidity

China state media accuse Soros of ‘declaring war’ on yuan

At the annual World Economic Forum in Davos last week Soros told Bloomberg TV that the world's second-largest economy -- where growth has already slowed to a 25-year low according to official figures -- was heading for more t

China state media accuse Soros of ‘declaring war’ on yuan

Yuan devaluation worrying for Indian exports: Nirmala Sitharaman

The depreciation of the yuan is definitely going to make imported goods (from China) cheaper... the fact is deficit with China will (also) grow, said Commerce and Industry Minister Nirmala Sitharaman.

China lets yuan fall faster, share trading suspended as prices tumble

China accelerated the depreciation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian giant was kicking off a trade war against its competi

China lets yuan fall faster, share trading suspended as prices tumble

Yuan eases on sharply weaker midpoint, central bank seen tolerating depreciation

China's yuan weakened against the dollar on Wednesday after the central bank set its official midpoint rate for the currency at its lowest level in more than 4-1/2 years.

Yuan eases on sharply weaker midpoint, central bank seen tolerating depreciation

Yuan eases, heads for biggest yearly loss after volatile 2015

China's yuan weakened against the dollar on Thursday and was set to wind up the year with a record yearly loss of 4.7 percent after volatile trading in last five months.

Yuan eases, heads for biggest yearly loss after volatile 2015
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