Tag

Renminbi

All articles tagged with #renminbi

world20 hours ago•5 min saved

China Posts Historic Trade Surplus as Exports Flood Global Markets

China posted a $1.19 trillion trade surplus for 2025—the largest on record and up 20% from 2024—driven by a weak renminbi and booming exports to Europe, Africa and Southeast Asia, while imports were flat; despite U.S. tariffs shaving about 22% off the U.S. surplus, shipments to other regions surged as Beijing pursues self‑reliance ahead of its 2030 plan, with the IMF urging currency normalization and a shift toward stronger domestic demand.

via The New York Times|

#china #exports #imports

business16 days ago•1 min saved

China Takes Steps to Strengthen and Stabilize the Yuan

China has signaled a more tolerant stance towards a stronger renminbi, indicating potential shifts in its economic policy and impacting financial markets.

via Financial Times|

#business #china #currency

business4 months ago•1 min saved

China Reopens Bond Market for Russian Energy Firms Amid US Sanctions

China is facilitating the use of the renminbi for fundraising by Russian energy companies, potentially impacting international financial transactions and sanctions regimes.

via Financial Times|

#business #china #financial-markets

world7 months ago•2 min saved

China aims to reshape global currency with digital yuan expansion

China's central bank governor predicts a shift towards a multi-polar international monetary system with the renminbi competing alongside the US dollar, driven by geopolitical tensions and financial innovations, including digital currency initiatives and international cooperation.

via Financial Times|

#china #financial-system #global-currency

finance2 years ago•0 min saved

China's Renminbi Slips as Deflation Threat Grows

The Chinese renminbi has weakened against the US dollar as deflation expectations rise, prompting concerns about the country's economic recovery. The decline in the renminbi reflects growing worries about China's ability to maintain stable economic growth amid the ongoing pandemic and global economic uncertainties.

via Financial Times|

#china #currency-exchange #deflation-expectations

finance2 years ago•3 min saved

Gold's Role in New Monetary Regime Questioned Amidst Market Volatility

Emerging central banks are preparing for a new monetary regime in which gold will play a vital role as a settlement mechanism, according to Goehring & Rozencwajg. Central banks have stepped up gold allocation, boosting their reserves, led by emerging economies such as China, India, Turkey, Egypt, Qatar, and Singapore. The U.S. dollar might be on the verge of losing its reserve currency status, and a change in the dollar's reserve currency status would be the most impactful market shock of the last forty years.

via Kitco NEWS|

#central-banks #finance #gold