With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this ...

With US President Donald Trump imposing 104% tariffs on Chinese imports, Beijing is responding by letting the yuan weaken against the dollar — a move that analysts say could spark the next leg ...

That would have offset some of the expected damage to its exports from President Donald Trump's tariff war, but instead the central bank opted for a fix of 7.198 yuan per dollar, or just 0.1% weaker.

Languages: English. You can reach Shane by emailing s.croucher@newsweek.com The Chinese economy is heavily reliant on exports, so a weaker yuan could help cushion the impact of Trump's tariff hike ...

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In this context, China can intensify efforts to promote the internationalization of the renminbi on three fronts, Zhang said, including increasing the proportion of the yuan as a global commodity ...

China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told ...

Hovland’s Ping PLD DS72 Hovi Proto had been the only putter he’d used for the entirety of his PGA Tour career (a rarity today even for the hardest switching pros) until earlier this year when ...

About half of the respondents to a Taiwan Public Opinion Foundation (TPOF) survey expressed support for the Executive Yuan’s proposed NT$88-billion (US$2.69 billion) package as a response to US ...

On Monday, Xiaomi CEO Lei Jun returned to his alma mater, Wuhan University, for the Lei Jun Scholarship award ceremony—one of the most generous in Chinese universities—where 10 students received a ...

[Photo/Xinhua] BEIJING -- The "Ne Zha" animated film franchise has reached another historic milestone for the Chinese film industry, with its total box office revenue surpassing 20 billion yuan ...

In 2022 Ping brought out the ChipR to help club golfers overcome their fear of chipping. The ChipR is a combination of a wedge and a putter and is designed to get the ball in the air and running ...