Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation
China’s prime leaders are contemplating permitting the yuan to weaken in 2025 to counter potential U.S. commerce tariffs beneath Donald ...
Tag: Yuan
Trump Effect: Yuan Continues Free Fall as Tariff Threats Grow
The tariff threats from President-Elect Trump in opposition to international locations with points with the U.S. are negatively affecting these ...
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
In a major transfer in the direction of enhancing digital foreign money use, Hong Kong residents can now arrange private ...
Digital Yuan Now Used to Complete Car Prepurchase Payments
The digital yuan, China’s central financial institution digital foreign money (CBDC), is getting used as a safety ingredient in automotive ...
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Crypto kicks off 2025 with resilience and growth
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