Wall Street’s biggest trendsetter, Goldman Sachs, says the yuan is trading about 25% below its fair value, with the bank ...
Goldman Sachs Group Inc says the yuan is 25% undervalued and will appreciate more than forward contracts are priced for 2026.
China owes a lot to foreign investment. Long before Foxconn started making iPhones for Apple, manufacturers from Hong Kong tiptoed across the border to Guangdong in search of cheap labour. In 1982 ...
(Reuters) -The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for its sharpest annual gain since the pandemic year of 2020. The ...
TOKYO/SHANGHAI (Reuters) – The U.S. government’s decision to label China a currency manipulator after Beijing allowed the yuan to weaken past the symbolic 7-per-dollar level has raised questions about ...
China's tightly controlled currency, the yuan, has slid by an unusually large margin after Beijing altered its exchange rate policy following a slump in trade. The central bank said Tuesday's fall was ...
The yuan was largely flat against the dollar on Wednesday, though it's value struck a near six-year high on an index of currencies belonging to China's major trading partners. SHANGHAI, Nov 24 ...
TOKYO/SHANGHAI (Reuters) - The U.S. government's decision to label China a currency manipulator after Beijing allowed the yuan to weaken past the symbolic 7-per-dollar level has raised questions about ...
The U.S. government's decision to label China a currency manipulator after Beijing allowed the yuan to weaken past the symbolic 7-per-dollar level has raised questions about how tightly managed the ...