The weaker yuan came even after the People’s Bank of China broke a six-day streak of weaker daily fixings for the currency’s midpoint, setting it at 6.5584 per dollar from the previous fix of 6.5713.
Featured Posts Title
The Surprising Reasons China Is Skeptical of A.I. Safety Calls
2026 Beijing International Week for Science Literacy Launched in Beijing
Amanda Anisimova’s WTA Ranking Set To Take a Hit After Beijing Withdrawal
China’s latest panda diplomats Ping Ping and Fu Shuang are en route to Atlanta
Cruz says winning AI race against China is ‘single most important economic question’ for America
Has China’s Panda Diplomacy Lost Its Charm? It’s Not So Black-and-White
China and US agree to establish AI safety channel and continue trade and military talks
Recent Posts
China’s yuan dips as Biden infrastructure plan lifts dollar
US labels China ‘world’s leading offender’ in creating industrial overcapacity as USTR Katherine Tai lays out hardline approach
National Trade Estimate Report from the Office of the United States Trade Representative vowed to continue battling what it sees as significant trade barriers that are harming American companies and …
Global Firms Are Buying Into the Hong Kong IPO Boom, but Caution Is Key
He’s the first lateral corporate partner to join Davis Polk’s China offices in a decade. A shift is taking place in the market. The Hong Kong IPO space, where global firms have spent the past…
Shenzhen to increase new-energy vehicle ownership
SHENZHEN, April 1 (Xinhua) — China’s southern tech hub Shenzhen plans to increase its ownership of new-energy vehicles (NEVs) to 1 million units by 2025. The development and reform commission of the …
WHO team probing coronavirus origins in China pushes back as report faces global criticism
Nearly three dozen scientists vetted by the World Health Organization and the Chinese government gathered in Wuhan, China, early this winter to start the arduous task of finding the origins of …
China Mobile to dominate 700MHz ‘golden frequency’ band
On March 25, in announcing its 2020 annual results, China Mobile revealed its plans to acquire more than 400,000 700MHz base-stations with China Broadcasting Network Co., Ltd (CBN) in 2021. The …
China Stock Market Tipped To Open Slightly Higher On Thursday
The China stock market on Wednesday halted the three-day winning streak in which it had gathered more than 90 points or 2.6 percent. The Shanghai Composite Index now rests just above the 3,440-point …
Has India become China’s colony? Seems like, going by what we import and what we export
New Delhi: India’s exports to China have risen and imports have fallen over the last few years. But a closer look at the items traded between the two countries shows the unequal bilateral trade. Trade…
U.S., EU, 13 nations call for 2nd probe of COVID-19 origins in China
March 31 (UPI) –After the World Health Organization released findings of its investigation into the origins of COVID-19, the United States … phase of investigation and expressed concern that China …
China-NASA Coordinate on Mars Even as Beijing Issues Fiery New Threats
Sharing data on their respective missions to the Red Planet represents a major advancement in U.S.-China relations, though new tensions regarding space have emerged.
Sir Geoffrey Nice QC: the human rights expert in Beijing’s line of fire
Beijing has got its eye on Sir Geoffrey Nice QC. One of the most distinguished international human rights lawyers of his generation, the silk did an eight-year stint at the International Criminal …
Pilot FTZ in China’s Chongqing sees robust whole-vehicle imports
The pilot free trade zone (FTZ) in southwest China’s Chongqing Municipality registered stellar whole-vehicle imports in 2020 with streamlined China-Europe freight train services. In 2020, 6,053 …
U.S., Philippines officials discuss Chinese activities in South China Sea
WASHINGTON (Reuters) – The national security advisers for the United States and the Philippines discussed their shared concerns over Chinese activities in the South China Sea in a call on Wednesday, …
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