News

Exclusive-China's central bank asks state lenders to reduce dollar purchases, sources say
China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases ...
China’s March Lending Jumped on Government Stimulus Push
China’s new loans rebounded more than expected in March after a sharp fall in the prior month, as Beijing moved to shore up the tariff-hit economy with more muscular fiscal support.
China, Japan, S.Korea central bank deputies discussed US tariffs
China, Japan and South Korea finance and central bank officials met and discussed the impact of U.S. tariffs on the global ...
The United States and China are locked in a faceoff over tariffs. No one wants to blink first
The tariff fight between the world’s two largest economies has spiraled into greater peril. President Donald Trump is now ...
China unlikely to aggressively devalue yuan to offset impact of U.S. tariffs, economists say
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual ...
China's central bank calls on state banks to reduce US dollar purchases
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases.
China beefs up its biggest banks to boost the economy
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...
Q&A: What has China done so far? What could China do next?
A large share of Chinese exports to the U.S. are relatively cheap, low-tech items like toys, furniture, appliances and ...
China Maintains Support for Yuan After US Imposes New Tariffs
China’s central bank retained support for its currency after the US hit the world’s No. 2 economy with the biggest-ever ...
China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness
China's yuan fell to its weakest level since 2023 on Tuesday after the central bank slightly loosened its grip on the ...
US Chip Firms Outsourcing Manufacturing Exempted From China’s Tariffs Against US
China on Friday said U.S. chip firms outsourcing manufacturing would be exempt from the country's tariffs on U.S. goods.
A wild week of tariff swings leaves consumers and Wall Street on edge
Stocks closed higher after the White House voiced optimism in striking a trade deal with China, but stiff economic headwinds ...