China Currency
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With Great Effort, China Trying To Make Yuan Dominant: Gita Gopinath
China is following a policy to make yuan the dominant currency, but currently it remains far behind the US dollar in international financial transactions unrelated to trade, Indian-American economist Gita Gopinath said.
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China Not Manipulating Currency But Lacks Transparency, US Says
Washington on Wednesday again declined to call China a currency manipulator but said the yuan's fall and Beijing's exchange practices were of "particular concern."
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IMF Official Says "No Evidence" China Manipulating Currency
There is "no evidence" Chinese authorities have been intervening to move the exchange rate of the yuan, a senior International Monetary Fund official said Tuesday.
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This Man Spent Seven Years And $240 Million Waiting For A China Crash
And now he's lost his conviction: Mark Hart, who called for a more than 50 percent yuan devaluation last year, has turned bullish on China and its currency.
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Trump Just Took Credit For Something China Did In 2014
The US President, in an interview, appeared to claim credit for China reversing its long-held practice of intentionally holding down the value of its currency in order to make its exports relatively cheap and boost business abroad.
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China Gives Currency Largest Boost in a Decade
China raised the central rate for its yuan currency by the largest amount in a decade Monday, officials and reports said, just three months after a surprise devaluation sent shockwaves through global markets.
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China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
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China's biggest Bitcoin exchange bans yuan deposits
In a new blow to the virtual currency, by no longer accepting yuan deposits, BTC China says it's trying to offer another way to recharge.
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US declines to name China as currency manipulator
The Obama administration has raised concerns about the value of China's currency but declined again to accuse Beijing of manipulating it.
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China escapes US 'currency manipulator' label
The Obama administration said on Friday that China's currency remained "significantly undervalued," but again stopped short of labeling the world's second-biggest economy a currency manipulator.
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Currency rift with China exposes shifting clout
At a private dinner on Friday at the Canadian Embassy, finance officials from seven world economic powers focused on the most vexing international economic problem facing the Obama administration. Over seared scallops and beef tenderloin, Treasury Secretary Timothy F. Geithner urged his counterparts from Europe, Canada and Japan to help persuade Ch...
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With Great Effort, China Trying To Make Yuan Dominant: Gita Gopinath
China is following a policy to make yuan the dominant currency, but currently it remains far behind the US dollar in international financial transactions unrelated to trade, Indian-American economist Gita Gopinath said.
-
China Not Manipulating Currency But Lacks Transparency, US Says
Washington on Wednesday again declined to call China a currency manipulator but said the yuan's fall and Beijing's exchange practices were of "particular concern."
-
IMF Official Says "No Evidence" China Manipulating Currency
There is "no evidence" Chinese authorities have been intervening to move the exchange rate of the yuan, a senior International Monetary Fund official said Tuesday.
-
This Man Spent Seven Years And $240 Million Waiting For A China Crash
And now he's lost his conviction: Mark Hart, who called for a more than 50 percent yuan devaluation last year, has turned bullish on China and its currency.
-
Trump Just Took Credit For Something China Did In 2014
The US President, in an interview, appeared to claim credit for China reversing its long-held practice of intentionally holding down the value of its currency in order to make its exports relatively cheap and boost business abroad.
-
China Gives Currency Largest Boost in a Decade
China raised the central rate for its yuan currency by the largest amount in a decade Monday, officials and reports said, just three months after a surprise devaluation sent shockwaves through global markets.
-
China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
-
China's biggest Bitcoin exchange bans yuan deposits
In a new blow to the virtual currency, by no longer accepting yuan deposits, BTC China says it's trying to offer another way to recharge.
-
US declines to name China as currency manipulator
The Obama administration has raised concerns about the value of China's currency but declined again to accuse Beijing of manipulating it.
-
China escapes US 'currency manipulator' label
The Obama administration said on Friday that China's currency remained "significantly undervalued," but again stopped short of labeling the world's second-biggest economy a currency manipulator.
-
Currency rift with China exposes shifting clout
At a private dinner on Friday at the Canadian Embassy, finance officials from seven world economic powers focused on the most vexing international economic problem facing the Obama administration. Over seared scallops and beef tenderloin, Treasury Secretary Timothy F. Geithner urged his counterparts from Europe, Canada and Japan to help persuade Ch...
