Tag #Yuan

Showing 1 to 12 of 25 results

spanish.china.org.cn
🌐 85% Global Worthiness
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China's Financial System Shows Resilience Amid Global Uncertainty

China's financial sector achieved significant milestones during its 14th Five-Year Plan (2021-2025), showcasing resilience with strong banking assets, robust foreign reserves, and increased internationalization of the yuan, despite global economic uncertainty.

Progress

52% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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Surge in Foreign Investment into Chinese Assets

In the first half of 2024, foreign investors increased their net holdings of Chinese stocks and bonds by $10.1 billion, reversing a two-year trend, with May and June showing a combined $18.8 billion increase, driven by a stable macroeconomic environment, policy support, and global demand for diversi...

Progress

52% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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ASEAN's De-Dollarization: A Shift to Local Currencies and the Yuan

Driven by geopolitical uncertainties and currency volatility, ASEAN nations are increasingly using local currencies and the Chinese yuan for cross-border payments, reducing reliance on the US dollar and facilitated by initiatives like regional cross-border payment systems and currency swap agreement...

Progress

40% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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China Extends $9.2 Billion Yuan Credit Line to Latin America

China announced a $9.2 billion yuan-denominated credit line to Latin American and Caribbean nations at a Beijing summit, alongside a visa-free policy for five unnamed countries, furthering its economic and strategic influence in the region amid trade tensions with the US.

Progress

48% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs Risk Boosting Renminbi as Dollar Weakens

The United States' new tariffs, raising recession risks and disrupting global trade, may unintentionally boost alternative currencies like the Chinese renminbi, as economists warn of reduced US dollar liquidity and a weakening dollar index (down 4.94 percent year-to-date).

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Trump Tariffs Trigger Sharp Drop in Asian Currencies

On Monday, Asian currencies weakened significantly after the U.S. dollar rallied following President Trump's new tariffs on China, Canada, and Mexico, leading to retaliatory threats and predictions of further currency depreciation.

Progress

60% Bias Score

Reduced Inequality
spanish.china.org.cn
🌐 75% Global Worthiness
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Chinese Yuan Gains Traction in Argentina: Bank of China Event Highlights Growing Use

A Bank of China event in Buenos Aires showcased the increasing internationalization of the Chinese Yuan and its potential for facilitating cross-border transactions between Chinese and Argentine companies, with Telecom Argentina highlighting its positive experience using Yuan financing.

Progress

36% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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Surge in Foreign Investment into Chinese Stocks and Bonds

Foreign investors increased their net holdings of Chinese stocks and bonds by $10.1 billion in the first half of 2024, reversing a two-year decline, driven by a stable macroeconomic environment, positive policy effects, and improved asset ratings, with further growth expected in new consumption, pha...

Progress

48% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
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International Firms Prioritize China for Trade and Investment Amidst Global Uncertainty

A recent HSBC survey reveals that 44% of international businesses plan to increase trade with China, exceeding those planning increased trade with Europe (43%) and the US (39%), driven by China's strong innovation and supply chains despite global economic uncertainty; this is reinforced by the Chine...

Progress

40% Bias Score

Decent Work and Economic Growth
pda.kp.ru
🌐 90% Global Worthiness
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US Tariff Hikes Risk Global Crisis, Reshaping World Trade

President Trump's announcement of significantly increased tariffs on imports from 185 countries, including China, aims to correct the US's negative trade balance, potentially triggering a global financial crisis and reshaping global trade patterns.

Progress

36% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs Risk Global Recession, Boosting Yuan

The United States' new tariffs, potentially triggering a global recession, are inadvertently strengthening alternative currencies such as the Chinese yuan, according to experts, who warn of a repeat of the 1930s Great Depression.

Progress

48% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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China Launches 11 Billion Euro Stimulus Plan Amid Economic Slowdown

In response to sluggish consumer spending, the Chinese government launched an 81 billion yuan (almost 11 billion euro) plan to exchange old for new appliances at discounted prices, alongside significant discounts on electric vehicles and other consumer goods, amid concerns about economic growth, hig...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 25 results