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The Yuan dipped to a 17-year low against the U.S. dollar early on Thursday after President Donald Trump excluded Beijing from his 90-day pause on reciprocal tariffs and cranked up his tariff on ...
China's growing pile of cryptocurrencies seized from illegal transactions is prompting local governments to find ways to dispose of the hoard and spurring calls from courts and the financial industry ...
Chinese banks extended 3.64 trillion yuan ($500 billion) in new yuan loans in March, according to Reuters calculations based on data released by the People's Bank of China (PBOC) on Sunday.
China retaliated and will impose a 84% tariff on all imports from the US starting April 10. BEIJING—Trade tensions ... in the growing dispute. With the yuan under pressure and global investor ...
Customs did not collect any tariff because of a technical glitch at ports that lasted for 10 hours, reports said. While tempers are rising between the US and China over tariffs, Chinese products ...
China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...
The declaration comes as a response to the White House's announcement on April 10 that all Chinese goods would be tariffed at a minimum of 145%, with some specific industries, such as steel and ...
US and China trade war continues. In the latest salvo, the US has added 12 American companies to its banned export list. This means that the export of dual-use items to these 12 US companies is ...
China will fight to the end,” Wang said. Wang has also spoken with the 10-member Association of Southeast Asian Nations, while Li, the premier, has met with business leaders. China has ...
China will have to respond to underpin the economy with the yuan close to 19-year lows. The consensus is that China will opt for gradual yuan depreciation rather than a on-off devaluation ...
China will have to respond to underpin the economy with the yuan close to 19-year lows. The consensus is that China will opt for gradual yuan depreciation rather than a on-off devaluation, but any ...
Local governments in China are selling seized crypto to boost their coffers, going against the country's crypto trading ban, ...
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