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Unless Beijing brings out the big stimulus, weakening the currency is the easiest way to offset Trump’s tariffs.
Analysts are not holding out hope for an interest rate cut any time soon, as the South African Reserve Bank is likely to sit on its hands until things have calmed down in global markets.
New bank loans in China rebounded more than expected in March, recovering from a sharp drop the previous month, as ...
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual ...
Exploring China as a tourist offers a rich tapestry of experiences, but understanding the local payment methods is crucial.
China loosened its grip on the yuan by weakening its daily reference rate past a key threshold, with regulators moving to ...
US President Donald Trump has issued an ominous threat to the People’s Republic of China, warning President Xi if action is ...
If you've ever tried to pay with cash in China and been met with a blank stare — or worse, held up a line while the cashier scrambled for change — you're not alone. In 2025, digital payments aren't ...
Higher-than-expected US tariffs will drag on Chinese growth and inflation this year. China has been quite measured in its ...
Trump’s plan sets a 10% base tariff for everyone, but as his charts show that many countries will face much higher rates.
The president announced global 10% tariff along with a specific higher levies to be applied to around 60 countries.
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