Bank: China to use yuan for future retaliation
While the US-China trade war continues to change, a bank said China would use tools other than tariffs for future ...
Tag: Chinese yuan
Chinese yuan hits 11-year low amid trade war escalation
The Chinese yuan hits its 11-year low against the greenback on Monday as the US-China trade war escalated late last ...
Devaluation spillover in Asia possible despite effort to mitigate CNY drop
China’s central bank—the People’s Bank of China—set the Chinese yuan’s official reference point at a stronger point than the fixing ...
