China's yuan weakens to 3-1/2-month low as Trump tariff threat weighs
SHANGHAI, - China's yuan skidded to a 3-1/2-month low against the dollar on Tuesday, hurt by broad strength in the U.S. currency and persistent market worries over higher tariffs on Chinese goods during Donald Trump's second presidency.
Chinese markets nosedived on Tuesday as news surfaced that President-elect Donald Trump is eyeing two China hawks, Sen. Marco ...
China's 12 trillion yuan debt swap program pressures banks' net interest margins but helps conserve capital and lower risk weights for special bond investments. The program aims to refinance ...
Beijing: China s yuan denominated loans rose by 16.52 trillion yuan (about $2.3 trillion) in the first 10 months of 2024, ...
China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing strains and ...
Economists spoke after Beijing unveiled its debt-relief plan following a week-long meeting of China’s top legislative body.
The Associated Press - Business News on MSN3d
China approves $840B plan to refinance local government debt, boost slowing economyChina has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in ...
New bank lending in China fell more than expected in October from the previous month and trailed behind analysts' ...
China’s credit expansion slowed more than expected in October, as borrowing demand dwindled in a traditionally slow month for ...
China's tobacco industry, monopolized by state-owned China Tobacco, realized revenue of about 1.5 trillion yuan ($210 ...
China's yuan-denominated loans rose by 16.52 trillion yuan (about US$2.3 trillion) in the first 10 months of the year, ...
The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.
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