Business China tries again to support its battered economy, bringing in new measures to boost the yuan September 6, 2023 1 mins read 122 Views The renminbi has plummeted against the dollar this year, with growth stagnating and China battling a property crisis. Read More
Politcal China scrambles to show it can support the plunging yuan as the currency falls toward a 14-year low July 6, 2023 2 mins read 80 Views China's yuan has plunged against the dollar this year amid signs that the country's economic recovery is faltering.REUTERS/Jon WooThe yuan has.. Read More
Business China's yuan has fallen to the lowest rate since 2014 by one measure, and Beijing is OK with that for now, FX strategist says June 15, 2023 2 mins read 90 Views China's yuan has tumbled in recent weeks.Bloomberg Creative/Getty ImagesChina's yuan is at the lowest since 2022 by traditional metrics as economic.. Read More