yuan

China may not weaken yuan in trade war with the U.S. newsthirst.

newsthirst1 month ago1 month ago09 mins

An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images 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 CNBC….

China keeps benchmark lending rates unchanged as it contends with a weakening yuan newsthirst.

newsthirst4 months ago4 months ago03 mins

The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images China left its benchmark lending rates unchanged Monday, as Beijing contends with a weakening yuan while awaiting policy clues from the incoming…

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