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United States

Winni Zhou

Weak credit growth raises odds of first China rate cut in years

Nov 16 2018

SHANGHAI/BEIJING, Nov 16 China's stubbornly weak credit growth has spurred talk of its first cut in benchmark lending rates in three years, but economists and policy insiders say concerns about a potential knock to its currency will likely give the central bank pause.

China's Xi promises to raise imports amid trade row with U.S.

Nov 05 2018

SHANGHAI Chinese President Xi Jinping promised on Monday to lower tariffs, broaden market access and import more from overseas at the start of a trade expo designed to demonstrate goodwill amid mounting frictions with the United States and others. | Video

CORRECTED-UPDATE 1-China's Xi Jinping promises lower tariffs, more imports

Nov 04 2018

SHANGHAI, Nov 5 China will lower import tariffs and continue to broaden market access, President Xi Jinping said on Monday at the opening of a week-long trade expo seen as an attempt by Beijing to counter mounting criticism of its trade and business practices.

RPT-Investors hedge their faith in China's faltering yuan

Oct 30 2018

HONG KONG/SHANGHAI, Oct 30 As China's yuan approaches the 7 to the dollar barrier, investors are betting authorities will eventually let the currency fall beyond the historic level. Yet they are just as confident that China won't allow the kind of capitulation seen in past market meltdowns.

Investors hedge their faith in China's faltering yuan

Oct 30 2018

HONG KONG/SHANGHAI As China's yuan approaches the 7 to the dollar barrier, investors are betting authorities will eventually let the currency fall beyond the historic level. Yet they are just as confident that China won't allow the kind of capitulation seen in past market meltdowns.

Yuan closes at near 22-month low, breaches 6.95 per dollar

Oct 25 2018

HONG KONG The Chinese yuan weakened beyond 6.95 per U.S. dollar in late trade on Thursday, dropping to its weakest since January 2017 and breaching a level that some traders had expected authorities to defend.

China more confident after stabilizing yuan, seen cutting reserve ratio soon

Sep 21 2018

SHANGHAI/BEIJING China's ability to stabilize the yuan in recent weeks despite weak economic data and a further escalation in its trade war with the United States is reinforcing expectations that the central bank will cut banks' reserve ratios again within weeks.

Trade war could force heavier hand from China on yuan

Sep 03 2018

SHANGHAI China's central bank may have to decide soon whether to intervene more forcefully to support the wobbling yuan currency as the United States readies more sweeping tariffs on Chinese goods.

Trade war could force heavier hand from China on yuan

Sep 02 2018

SHANGHAI, Sept 3 China's central bank may have to decide soon whether to intervene more forcefully to support the wobbling yuan currency as the United States readies more sweeping tariffs on Chinese goods.

Exclusive: China central bank bars some offshore lending in latest move to support yuan

Aug 16 2018

SHANGHAI China has banned banks in its ground-breaking free trade zones from certain lending activities to ease pressure on the yuan currency in offshore markets, two sources with direct knowledge of the matter said on Thursday.

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