The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has signaled the country should defend its currency.
FINANCE
Home prices in China’s biggest cities stabilise under Beijing’s stimulus measures
New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus package. However, it would be some time before the …
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US tariffs, the currency faces an additional downdraft: a flood of money looking …
China faces liquidity squeeze amid efforts to defend the yuan against strengthening dollar
The People’s Bank of China has increased its efforts to defend the yuan against the strengthening dollar. The efforts have resulted in a surge in funding rates that have spiked to the highest levels …
Is China’s GDP Growth Only 2%? Donald Trump Might Want To Find Out
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government claims. The reason Gao is allegedly being silenced is for shining…
Markets are betting China will let yuan fall as Trump takes power, but not much
Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen…
Trump Tariffs Will Not Tame China’s Trade Surplus
Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, Trump will need to rein in his penchant to go it alone.
PBOC and BOE Governors Discuss Financial Cooperation in Beijing
Pan Gongsheng, Governor of the People’s Bank of China (PBOC), met with Andrew Bailey, Governor of the Bank of England (BOE), in Beijing. The discussions focused on financial stability and cooperation …
China’s economy meets official growth ambitions, but many feel a downturn
China’s economy grew 5% last year, matching the government’s target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its …
China’s consolidation of small banks accelerates to head off systemic risk
Smaller banks face more asset quality deterioration in coming years, on top of earnings pressure, Fitch Ratings director says.
Chaoyang District of Beijing Strives to Build a World-Class Waterfront Economic Zone
BEIJING, CN / ACCESS Newswire / / Throughout history, cities have flourished by embracing the power of water. Over the past few decades, waterfront cities worldwide have leveraged their unique …
China will continue to help Sri Lanka achieve financial relief
China will continue to play a “positive role” in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt …
China cash squeeze rolls on even after PBOC liquidity boosts
CHINA’S cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike in demand for funds. Read more at The Business Times.
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