Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for ...
Remember the consensus view for 2025 that tariffs would force China (and other emerging markets) to devalue their currencies? The opposite happened, spectacularly so, with the Chinese Yuan (CNY) at ...
CHINA’S LEADERS sense an epic opportunity. President Donald Trump’s erratic trade policy, gaping fiscal deficits and threats to the independence of America’s Federal Reserve risk badly hurting the ...
The yuan just climbed to its strongest level against the U.S. dollar in nine years, trading at 7.118 per dollar on Monday, according to data from CNBC. At the same time, it’s been sinking against ...
On 2 April 2025, China issued its first sovereign green bond denominated in Chinese renminbi (RMB). The issuance raised 6 billion RMB (US$824 million), an historic milestone that sends important ...