The last time a U.S. Treasury secretary visited China, Washington and Beijing were locked in a trade war, the Trump administration was preparing to label China a currency manipulator, and […]
Renminbi (Currency)
Trending topics and news from the Renminbi (Currency) category
Back to news homeChina’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
When China suddenly dismantled its lockdowns and other Covid precautions last December, officials in Beijing and many investors expected the economy to spring back to life.It has not worked out […]
China Has Tools to Help Russia’s Economy. None Are Big Enough to Save It.
When the United States and its allies declared a financial war on Russia after its invasion of Ukraine, the world turned to see what China would do.As a growing global […]
China Moves to Tame Inflation Before Prices Rise Too Much
SHANGHAI — Prices are jumping in the United States and around the world, prompting growing warnings that a wave of inflation could threaten the global economy if it persists.China isn’t […]
China’s Stronger Currency Could Be a Fig Leaf for Biden
HONG KONG — China’s economy has come roaring back from the depths of the coronavirus pandemic, and its currency has joined the ride.The currency, known variously as the yuan or […]