7 stories tagged #Yuan

  1. Chancellor Merz Tackles €360B Trade Deficit with China
    finance

    Chancellor Merz Tackles €360B Trade Deficit with China

    German Chancellor Friedrich Merz seeks dialogue on undervalued yuan amid €360 billion EU trade deficit with China, impacting automotive sector.

    2d ago 1 min read
  2. Chinese Banks Hike Dollar Deposit Rates to Cap Yuan Gains
    finance

    Chinese Banks Hike Dollar Deposit Rates to Cap Yuan Gains

    Five major Chinese banks raise US dollar deposit rates to curb yuan appreciation and protect exporters.

    2w ago 1 min read
  3. Brazil Set to Pioneer Panda Bonds in China Visit
    finance

    Brazil Set to Pioneer Panda Bonds in China Visit

    Brazil plans to issue its first yuan-denominated sovereign panda bonds during a June visit to China, diversifying debt away from the dollar.

    2w ago 2 min read
  4. China's AI Investment Boom Fuels Record Export Surge, Bolsters Yuan
    tech

    China's AI Investment Boom Fuels Record Export Surge, Bolsters Yuan

    AI and integrated circuits drive China's April exports up 14.1% YoY, nearly doubling forecasts. Yuan strengthens for six consecutive quarters.

    3w ago 2 min read
  5. Absa Eyes Yuan Payments Platform to Boost China-Africa Trade
    finance

    Absa Eyes Yuan Payments Platform to Boost China-Africa Trade

    South African bank Absa evaluates joining China's CIPS system to settle cross-border transactions in renminbi, potentially reshaping Africa-China finance.

    last mo. 1 min read
  6. Putin Declares 'Serious' Oil and Gas Deal with China Imminent
    world

    Putin Declares 'Serious' Oil and Gas Deal with China Imminent

    Russia nears a major energy agreement with China, a move set to reshape Eurasian fossil fuel flows amid Western sanctions and geopolitical shifts.

    last mo. 1 min read
  7. Bitcoin Defies Geopolitical Tensions Amid $39T US Debt
    crypto

    Bitcoin Defies Geopolitical Tensions Amid $39T US Debt

    Bitcoin stabilizes near $70K as markets weigh U.S. debt, de-dollarization risks, and shifting global dynamics.

    3mo ago 1 min read