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Goldman sees yuan reaching 7 per US dollar as trade talks progress
The onshore yuan has risen 0.5% so far in May against the dollar and is on track for its best monthly gain since January amid hopes of easing trade tensions with the US.
May 12, 2025
China
Limbering up for China's yuan flexibility
China is keen for the yuan to become more widely used in global trade and investment.
October 30, 2020
Asean
Asian stocks skid to six-and-a-half-month lows as Sino-US trade row shakes markets
(Aug 5): Asian shares slid to 6-1/2-month lows on Monday and the yuan plunged as a rapid escalation in the Sino-U.S. trade war drove nervous investors to safe-havens such as the yen, bonds and gold.
August 05, 2019
Global Markets
People's Bank of China is rethinking relations with markets
(Jan 10): As the end of People’s Bank of China Governor Zhou Xiaochuan’s term approaches, a firmer yuan and calm markets are providing a window to get some of his long-term reforms back on track.
January 10, 2018
What the surging Yuan means for China's economy
(Sept 18): The yuan’s surge this year is proving a double-edged sword, risking hurting the nation’s exports even while boosting the chances of currency and capital control reforms.
September 18, 2017
China increases US Treasury holdings for fourth straight month
(July 19): China raised its holdings of US Treasuries for a fourth straight month, a sign the nation is rebuilding its foreign-currency reserves as the yuan stabilises.
China, the second-largest holder of Treasuries, held US$1.10 trillion ($1.51 trilli
July 19, 2017
China holds firm to its US$5 trillion anchor while Fed, ECB seek exit
(June 12): Investors who fret about when and how global central banks will run down their crisis-era balance sheets can be relaxed about the biggest of them all – China’s.
June 12, 2017