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rmb
Chinese Exporters Rejecting Yuan
Commentary As the yuan weakens, Chinese citizens and businesses seek ways to avoid their own country’s currency. Since about 2014, the U.S. dollar has consistently strengthened compared to the Chinese ...
May 7, 2024
BY
Antonio Graceffo
Chinese Yuan Fluctuates, Depreciation Pressure Deepens
The RMB will depreciate further as the CCP may “monetize the fiscal deficit” of the state.
April 10, 2024
BY
Bin Zhao
and
Lynn Xu
State-Owned Banks Dump Stocks of Dollars to Rescue Yuan as Chinese Economy Deteriorates
As the Chinese renminbi (or interchangeably the yuan) exchange rate moved toward weakening, China’s state-run banks were scrambling ...
August 21, 2023
BY
Jessica Mao
and
Lynn Xu
ANALYSIS: China’s Economy Stuck in Deeper Crisis Due to More State Interventions
News Analysis The devaluation of China’s currency, the yuan, has plummeted to its lowest point this year due ...
July 1, 2023
BY
Kathleen Li
and
Lynn Xu
China’s State Media Claims De-Dollarization Improves RMB’s International Status
The U.S. dollar has long been recognized as the leading global reserve/fiat currency. But recent hardships posed by ...
May 9, 2022
BY
Kathleen Li
PBOC Intervention Fails to Halt RMB Decline
The onshore exchange rate of RMB against the U.S. dollar stopped falling briefly on April 26 under the ...
April 30, 2022
BY
Kathleen Li
CCP’s Digital RMB Currency Controls All Spending
The CCP has been heavily promoting digital RMB and has recently announced major trials. This has aroused public ...
August 22, 2020
BY
Epoch Video
Promoting Digital RMB to Circumvent US Sanctions
US President Trump called it terrible that the CCP is damaging freedom of the press in Hong Kong. ...
August 19, 2020
BY
Epoch Video
China Actually Has Two Currencies—And It’s Fiddling Around With Both
If you micromanage the economy, one currency just doesn't cut it
September 10, 2015
BY
Valentin Schmid
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
3hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
4hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
5hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
6hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
7hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
8hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
8hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
12hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
13hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
20hr
By
Melanie Sun