Economists slam Trump’s currency claims, explain why Beijing wants yuan stable

Economists slam Trump’s currency claims, explain why Beijing wants yuan stable

Calling US president’s currency-depreciation allegations ‘ungrounded’, analysts say Beijing does not want to see the yuan weaken too much.

Evidence suggests Trump's cheap yuan comment is unfounded

SHANGHAI (Reuters) - U.S. President Donald Trump's criticism of China's foreign exchange policy appears to be unfounded, given the yuan's relative strength in currency markets and Beijing's efforts to keep it stable.

Evidence Suggests Trump's Cheap Yuan Comment Is Unfounded

Chinese Yuan Seems More Resilient to Trump’s Tariffs

0421 GMT — The Chinese yuan seems more resilient to U.S. President Trump’s tariffs on imports from China, Mizuho Securities Asia’s Ken Cheung says in an email. These tariffs could result in dollar weakness, the director of FX Strategy...