The post-COVID economic recovery in China weakened in Q2, which has forced the Chinese government to deploy a fresh stimulus package to assist the economy. The U.S. dollar has been gaining against the ...
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The Chinese yuan has depreciated by 4.8% since the start of the year, nearing a 15-year low against the US dollar, due to China's struggling economic recovery. Furthermore, the US Federal Reserve has ...
Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Never miss an episode. Follow The Big Take Asia podcast today. Talk of de-dollarization has been gaining momentum ...
The Chinese yuan (also known as the renminbi) is a fixed currency that is allowed to trade within a band selected by the People's Bank of China (PBoC). The PBoC chooses a midpoint and allows the ...
SHANGHAI, March 6 (Reuters) - Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a fall in the value of the ...
Dollar Tree imports more than 40% of its products from China, but investors may be shocked to hear the percentage for Dollar General. Both companies still had strong profitability with tariffs during ...
LONDON/HONG KONG, May 25 (Reuters) - Record-breaking dollar bond sales from Chinese companies are steadily increasing China's weight in global indexes, raising concerns about overexposure among ...
Chinese firms’ dollar-bond issuance hit the lowest level in a decade during the second quarter, and there are few near-term catalysts to reverse the trend as cheap onshore borrowing costs, a property ...