Tag
Yuan
3 articles
Bessent Pushes G20 to Tackle China's $1.2T Trade Surplus
Treasury Secretary calls for coordinated trade barriers against Beijing while maintaining the $30 billion bilateral tariff-reduction track ahead of the Trump-Xi summit.
PBOC Shows Yuan Ceiling With Weaker Fixing — Dollar Strength, Not Growth, Driving Recent Gains
China's central bank set the yuan midpoint 453 pips below forecasts as July economic data softened, signaling an end to one-way appreciation bets.
Yuan Targets 6.7000 as Consolidation Points to Renewed Strength Against Dollar
Technical patterns and seasonal export flows support a resumption of the yuan's year-long appreciation, with Goldman Sachs forecasting 6.7 per dollar within 12 months.