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With the US continuously hammering down on China with reciprocal tariffs–the highest amongst Trump's recent tariff sweep, the ...
A popular Chinese restaurant is coming to Wicker Park, and a long-awaited project near Soldier Field gets an update.
Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...
China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and ...
The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual ...
This fixing allows the yuan to weaken to as low as 7.3507, just slightly above the 7.3510 low reached in September 2023. Chinese state-owned banks actively sold U.S. dollars in the onshore spot ...
President Trump has lowered the overall temperature of trade wars with a 90-day pause on most reciprocal tariffs. The US-China trade war, however, has escalated further with the US imposing 125% ...
The Indian rupee declined to a three-week low on Wednesday, tracking the weakness in the Chinese yuan as sweeping U.S. tariffs came into effect, including a 104% levy on China, and fuelled worries of ...
The Indian rupee weakened against the U.S. dollar, influenced by a weaker Chinese yuan after new U.S. tariffs. Other Asian currencies also declined. Investors awaited the Reserve Bank of India's ...
The Indian rupee, alongside its regional peers, was pegged back by a weaker Chinese yuan on Wednesday after US President Donald Trump's "reciprocal" tariffs kicked in, opens new tab, including a ...
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...
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