Chinese yuan weakened to 11-year low in response to new tariffs
August 26, 2019 | 23:55
The yuan weakened 0.7 per cent against the dollar following comments from the White House that President Trump’s only regret was not raising tariffs more.
China's bank deposits fall as investors sell yuan
December 16, 2011 | 15:29
Chinese investors withdrew hundreds of billions of yuan from major banks in the first 10 days of December, state media said Friday, on falling expectations the currency will strengthen.
China launches trial to allow overseas yuan investment
January 13, 2011 | 19:03
China on Thursday launched a trial allowing Chinese firms to use yuan to invest abroad, a move seen as another step towards making the unit a global currency.
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