Chinese authorities are discussing whether to weaken the country’s currency in advance of a heightened trade war with the US, Reuters reported Wednesday. Call the considerations, which could have knock-off effects on global currency markets, a yuan-sided argument. Yuan Small Step Since 1997, the yuan has had a currency peg, first against the US dollar and, since 2005, against a basket of currencies based on China’s trading volume with foreign co…

Șefa Trezoreriei SUA, avertisment privind manipulări pe piața valutară

Digi 24

Romania

US Treasury chief warns of currency manipulation

China Finance 40 Forum think tank suggests temporarily anchoring the yuan to a basket of currencies, particularly the euro.

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South China Morning Post

Alibaba Group

Hong Kong

China urged to anchor yuan to non-US dollar currencies to empower domestic tools

Trump’s administration labelled China a currency manipulator in 2019. Read more at straitstimes.com.

The Straits Times

Singapore Press Holdings

Singapore

Trump trade adviser warns against currency manipulation as China mulls weaker yuan

Incoming Trump administration senior counselor for trade and manufacturing Peter Navarro told Reuters on Dec. 12 that the new Treasury Department would not take lightly Chinese attempts to manipulate its currency.
In 2019, the first Trump administration declared China a currency manipulator, the first such designation since 1994, but revoked the status a year later. Beijing has rejected the claim.
“I don’t believe the Trump Treasury Department w…

The Epoch Times

Epoch Media Group

New York

United States

Trump Trade Adviser Navarro Warns Against Chinese Currency Manipulation

Weaker Yuan Clearly an Option for China: MLIV

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

China's Currency Tactics: Preparing for a Second Trump Era  In a strategic move likely to stir international markets, China is considering allowing the yuan to weaken in 2025 to prepare for potential higher trade tariffs during a second Donald Trump presidency, sources familiar with the matter told Reuters.This revelation affected foreign exchange markets, causing the yuan to dip by 0.3% to 7.2803 per dollar, and prompted a decline in China-sens…

Devdiscourse

India

China's Currency Tactics: Preparing for a Second Trump Era

US Treasury Secretary Janet Yellen said on Wednesday that the United States will act strongly against attempts by countries to manipulate exchange rates to gain competitive advantages. However, she specified that, currently, there is no...

Secretarul Trezoreriei SUA, Janet Yellen, a declarat miercuri că Statele Unite vor reacţiona ferm împotriva tentativelor ţărilor de a manipula cursurile valutare pentru a obţine avantaje competitive. Totuşi, ea a precizat că, în prezent, nu există...

Digi Communications

The currency weakened by up to 0.5% to 7,2921 per dollar before cutting losses after Reuters reported that policymakers rate depreciation, possibly up to about US$7.5. Read more

La moneda se debilitó hasta un 0,5% a 7,2921 por dólar antes de recortar las pérdidas después de que Reuters informara que los responsables políticos evalúan una depreciación, posiblemente hasta alrededor del nivel de US$ 7,5. Leer más

El yuan cayó ante la posibilidad de que China aplique una devaluación en 2025

Perfil

Buenos Aires

Argentina

The yuan fell to the possibility of China applying a devaluation in 2025

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Zero Hedge

Backfire? Weaker Yuan Signal Could Mean More Than Beijing Bargained For

HONG KONG (Reuters) –     The yuan was under pressure against the dollar on Thursday, giving up some initial gains as markets digested a Reuters report that China is considering allowing a weaker yuan to weather the tariff risks. Prior to the market opening, the People’s Bank of China set the midpoint rate, around which the yuan is allowed to trade in a 2% band, at 7.1854 per dollar, little changed from the previous session and 584 pips firmer t…

Blue Water Healthy Living

Port Huron

St. Clair County

Michigan

Yuan under pressure after report China is considering weaker currency - Blue Water Healthy Living

A top trade adviser to President-elect Donald Trump told Reuters on Thursday that the new administration would not look "fondly" on any attempt by China to manipulate its currency, responding to a Reuters report that authorities there were considering allowing the yuan to weaken next year.

Girding for a Trade War, China is Reportedly Considering Weakening Its Currency

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