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yuan

  • China’s Worst Capital Outflow in Years Exacerbates Yuan Woes
    China’s Worst Capital Outflow in Years Exacerbates Yuan Woes
    China is grappling with the largest capital flight in years, raising concerns for authorities as Beijing exerts additional pressure on the yuan, which is already under strain due to a ...
    October 23, 2023BY Indrajit Basu
  • Promises From China’s Central Bank Will Do Nothing to Stem Yuan’s Long-Term Fall: Experts
    Promises From China’s Central Bank Will Do Nothing to Stem Yuan’s Long-Term Fall: Experts
    In its latest effort to prop up the faltering yuan, China's central bank promises to maintain a stable ...
    September 13, 2023BY Indrajit Basu
  • Beijing Has Few Options but to Let Yuan Slide
    Beijing Has Few Options but to Let Yuan Slide
    Although China’s monetary authorities are trying hard, and are somewhat succeeding in stemming the yuan’s slide, all Beijing ...
    August 23, 2023BY Indrajit Basu
  • The CCP Lowers US Dollar Interest Rates to Stabilize China’s Yuan
    The CCP Lowers US Dollar Interest Rates to Stabilize China’s Yuan
    The Chinese Communist Party (CCP) has recently implemented two reductions in interest rates for U.S. dollar deposits in ...
    July 17, 2023BY Anne Zhang
  • Countries Engaging in De-Dollarization ‘Acting Against Their Own Self-Interest,’ White House Warns
    Countries Engaging in De-Dollarization ‘Acting Against Their Own Self-Interest,’ White House Warns
    Countries that are joining China and Russia in their de-dollarization campaign may be acting against their own self-interest ...
    April 28, 2023BY Andrew Moran and Emel Akan
  • NTD Business (April 26): Disney Sues DeSantis After Privileges Revoked; House Republicans Vote on Debt Ceiling Bill
    NTD Business (April 26): Disney Sues DeSantis After Privileges Revoked; House Republicans Vote on Debt Ceiling Bill
    The House is voting on a Republican bill to raise the U.S. debt limit. What are lawmakers saying, ...
    April 26, 2023BY Don Ma
  • Brazil-China Yuan Trade Deal Not a Game Changer
    Brazil-China Yuan Trade Deal Not a Game Changer
    Commentary According to a statement by the Brazilian government, Brazil and China reached an agreement on March 29 ...
    April 2, 2023BY Antonio Graceffo
  • China Ditches US Dollars in New Brazil Agreement, Settles 1st LNG Trade in Yuan
    China Ditches US Dollars in New Brazil Agreement, Settles 1st LNG Trade in Yuan
    China and Brazil signed an agreement on March 29 that would abandon the U.S. dollar and carry out trade ...
    March 30, 2023BY Andrew Moran
  • Iraq to Allow Trade With China in Yuan Amid Shift Away From Dollar
    Iraq to Allow Trade With China in Yuan Amid Shift Away From Dollar
    The Iraqi central bank plans to allow trade with China to be settled directly in yuan as opposed to ...
    February 23, 2023BY Katabella Roberts
  • Russia Empowers China by Dumping Euros for Yuan
    Russia Empowers China by Dumping Euros for Yuan
    Commentary Moscow on Feb. 9 announced plans to exclude Europe’s currency from Russia’s sovereign wealth fund. Starting this ...
    February 14, 2023BY Anders Corr
  • Permitted Share of China’s Yuan in Russian Wealth Fund Doubled to 60 Percent: Finance Minister
    Permitted Share of China’s Yuan in Russian Wealth Fund Doubled to 60 Percent: Finance Minister
    MOSCOW—Russia's finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth Fund ...
    December 31, 2022BY Reuters
  • China Loans Growth Is ‘Lying Down’ With No Clear Answer to Its Financial Problems
    China Loans Growth Is ‘Lying Down’ With No Clear Answer to Its Financial Problems
    Commentary The People’s Bank of China (PBoC) cut the required reserve ratio (RRR) by 25 basis points (bps) ...
    November 30, 2022BY Law Ka-chung
  • Yuan Depreciation Won’t Help China Exports
    Yuan Depreciation Won’t Help China Exports
    Commentary The latest China data continue to show an overall downtrend, although some rebound is seen. The domestic ...
    October 26, 2022BY Law Ka-chung
  • China’s Yuan Will Suffer More
    China’s Yuan Will Suffer More
    Commentary China’s yuan has slid against the dollar. Three things account for this: 1) interest rates in the ...
    October 10, 2022BY Milton Ezrati
  • China and Russia Challenge the US Dollar
    China and Russia Challenge the US Dollar
    Commentary A strong U.S. dollar, rising inflation, and energy costs have provided China and Russia an opportunity to ...
    October 4, 2022BY Antonio Graceffo
  • Detainment of US Diplomats in Chinese COVID-19 Camps Must End: Congressmen
    Detainment of US Diplomats in Chinese COVID-19 Camps Must End: Congressmen
    Sixteen U.S. diplomats and their family members are reportedly being held in Chinese quarantine camps against their will. ...
    September 30, 2022BY Tiffany Meier
  • China’s Yuan Ends at 28-month Low Despite Fresh Policy Step, Nears Daily Lower Limit
    China’s Yuan Ends at 28-month Low Despite Fresh Policy Step, Nears Daily Lower Limit
    SHANGHAI—China's yuan finished domestic trading session at a new 28-month low against the dollar on Monday, near its ...
    September 27, 2022BY Reuters
  • The Great China Currency Collapse
    The Great China Currency Collapse
    Commentary China's collapsing currency is the latest in a series of economic decline symptoms that the Chinese Communist ...
    September 9, 2022BY James Gorrie
  • China’s US Debt Holdings Drop to 12-Year-Low, Further Reductions May Follow
    China’s US Debt Holdings Drop to 12-Year-Low, Further Reductions May Follow
    China’s holdings of U.S. debt dropped to the lowest since 2010 after falling below the $1 trillion mark ...
    August 26, 2022BY Kathleen Li
  • Authorities Freeze Bank Accounts in Several Chinese Cities
    Authorities Freeze Bank Accounts in Several Chinese Cities
    News Analysis Many banking customers in China's Shenzhen city took to social media earlier this month, claiming they ...
    August 25, 2022BY Olivia Li
  • China and Russia—With Help From Biden—Attack the Dollar
    China and Russia—With Help From Biden—Attack the Dollar
    Originally published by Gatestone Institute Commentary “The issue of creating an international reserve currency based on a basket ...
    August 12, 2022BY Gordon G. Chang
  • CCP Partners With Bank for International Settlements to Displace the Dollar
    CCP Partners With Bank for International Settlements to Displace the Dollar
    Commentary "We will cultivate a trading center and pricing mechanism that puts China first (以我为主) and actively promote ...
    August 5, 2022BY Antonio Graceffo
  • Hong Kong and China Upgrade Currency Swap Line, Allowing Beijing Access to More Foreign Currency Reserves
    Hong Kong and China Upgrade Currency Swap Line, Allowing Beijing Access to More Foreign Currency Reserves
    Nearly 30 percent of Hong Kong’s foreign currency reserves are now accessible to Beijing after the People’s Bank ...
    July 13, 2022BY Kathleen Li
  • Foreign Investors Dumping the Yuan and Fleeing China
    Foreign Investors Dumping the Yuan and Fleeing China
    Commentary China's COVID-19 lockdowns and rate cuts are driving down the yuan and exacerbating foreign capital outflow. “Uncertainty ...
    June 9, 2022BY Antonio Graceffo
  • China’s Foreign Capital Data Questioned as Depreciation of Yuan Accelerates
    China’s Foreign Capital Data Questioned as Depreciation of Yuan Accelerates
    China’s Ministry of Commerce recently claimed that from January to April, the country’s actual use of foreign capital ...
    May 19, 2022BY Kathleen Li
  • China’s State Media Claims De-Dollarization Improves RMB’s International Status
    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, 2022BY Kathleen Li
  • PBOC Intervention Fails to Halt RMB Decline
    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, 2022BY Kathleen Li
TOP NEWS
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    Appeals Court Rejects Trump Bid to Use Immigration Database for Voter Checks
  • Federal Government Backs Supreme Court Challenge to AR-15 Bans
    2hr By Bill Pan
    Federal Government Backs Supreme Court Challenge to AR-15 Bans
  • NTD 8th International Piano Competition Winners Announced
    5hr By NTD Newsroom
    NTD 8th International Piano Competition Winners Announced
  • New PFAS Pesticides Are Entering Our Food System, Revealing a Conundrum
    6hr By Marina Zhang
    New PFAS Pesticides Are Entering Our Food System, Revealing a Conundrum
  • Kremlin Says Peace Talks Useful as US Envoys Leave Moscow for Kyiv
    7hr By Jacki Thrapp
    Kremlin Says Peace Talks Useful as US Envoys Leave Moscow for Kyiv
  • Labor Day Gas Prices Head for Record High
    8hr By Bill Pan
    Labor Day Gas Prices Head for Record High
  • Here’s What People Get Wrong About Modern Warfare | John Spencer
    12hr By Jan Jekielek, Epoch TV
    Here’s What People Get Wrong About Modern Warfare | John Spencer
  • State Department Says 75 Americans Remain Missing After Nepal-Tibet Flood
    12hr By Dorothy Li
    State Department Says 75 Americans Remain Missing After Nepal-Tibet Flood
  • US Forces Destroy 3 IRGC Oil Tankers After Iran Targets Navy Warships
    13hr By Jacki Thrapp
    US Forces Destroy 3 IRGC Oil Tankers After Iran Targets Navy Warships
  • Court Rules Pentagon Can Proceed With Firing Journalists
    14hr By Naveen Athrappully
    Court Rules Pentagon Can Proceed With Firing Journalists
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