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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 Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
1hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
1hr
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Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
2hr
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The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
2hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
3hr
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Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
3hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
3hr
By
Jackson Richman
and
Nathan Worcester
US Signs Nuclear Cooperation Deal With Saudi Arabia
4hr
By
Emel Akan
Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
4hr
By
Jack Phillips
US, Ukraine Sign Agreement for Drone Testing
5hr
By
Jill McLaughlin