The question of how far and quickly the yuan will fall depends on Beijing's resolve in countering Donald Trump's tariffs with ...
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
The Federal Reserve’s caution over future interest-rate cuts amid strong US data at a time when the PBOC is expected to ease its policy further is also pressuring Beijing to give in.
Rachel Reeves flew to China on Thursday night in a bid to revive closer ties with the nation and boost Britain’s economy amid turmoil in UK bond markets.
The 5% expansion is in line with the target set by Beijing, but it is the weakest since 1990, excluding the pandemic years.