China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...

China’s yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting its daily reference rate for the sixth straight session. The ...

He added that the next escalation, if it comes, could also involve a sharp devaluation of the yuan. “Selling the US Treasury bonds and devaluing significantly the yuan will be sort of the next stage ...

[NEW YORK] China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilising financial markets.

Treasury Secretary Scott Bessent played down a selloff in US Treasuries, saying that there was nothing systemic at play, and also served warning against China not to attempt to devalue its ...

55% black tungsten concentrate: 142,000 yuan/mt, an increase of 4,500 yuan/mt from the previous round; 2. 55% white tungsten concentrate: 141,000 yuan/mt, an increase of 4,500 yuan/mt from the ...

The yuan was last 0.4% higher at 7.3955 in the offshore market, having sank more than 1% in the previous session and hitting its weakest level on record at 7.4288 per dollar in volatile trade.

China’s central bank on Wednesday weakened the yuan’s daily reference rate for a fifth straight session. The move came after the offshore yuan on Tuesday slumped to the weakest level since the ...

In this context, China can intensify efforts to promote the internationalization of the renminbi on three fronts, Zhang said, including increasing the proportion of the yuan as a global commodity ...

It's hard to imagine a scenario with 100% U.S. tariffs on China that does not involve some devaluation of the yuan akin to the 10% slide Beijing authorities engineered during Trump's first ...

SHANGHAI, April 8 (Reuters) - China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the currency in what analysts said was an attempt to ...