News Muncher - category yuan

2 days, 4 hours ago

China's viral wild boar hunters attract fame and concern

In the frigid night of China's Qinling mountains, hunters with huge social media followings scour the landscape in pursuit of wild boars menacing local farmers' livelihoods. China's wild boars -- today numbering two million -- were a protected species from 2000 until 2023, but emerged from safeguarding last year with a hell-raising reputation for devastating crops. But Zhang Tengfei, leader …

China Dogs Hunting Wild Zhang Wang Shaanxi

2 days, 23 hours ago

Here are some of China’s New Year resolutions to boost its economy

Associated Press

BANGKOK — China’s leaders are bracing for shocks to the economy from higher tariffs threatened by U.S. President-elect Donald Trump once he takes office. The recycling that began last year has led to the replacement of 6.5 million fuel-powered vehicles with electrics and hybrids since June, officials of China’s main planning agency said Wednesday. However, Zhao Chenxin, head of the …

Economy China Chinese

3 days, 5 hours ago

Yuan eases to 16-month low, pressured by strong dollar

Live Mint

SHANGHAI, Jan 8 - China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect Donald Trump's incoming administration, despite the central bank setting stronger-than-expected guidance. "The yuan is expected to face depreciation pressure, not only from tariff hikes but also from a significantly stronger dollar," said Wang Tao, chief China …

China Yuan Dollar Low Pressured

3 days, 6 hours ago

Rupee to face pressure as upbeat US data reignites dollar uptrend

Live Mint

By Jaspreet Kalra MUMBAI, Jan 8 - The Indian rupee is likely to open weaker on Wednesday after upbeat U.S. economic data lifted U.S. bond yields, prompting the dollar to resume its uptrend. The dollar index dipped during Asia trade to 108.5 after rising 0.3% on Tuesday as data showed that job openings in the U.S. grew to 8.098 million, …

India Data Indian Rupee Dollar

3 days, 9 hours ago

China counts on microwaves, rice cookers to revive economic growth

CNN

Beijing Reuters — China has added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector. China last year apportioned about 150 billion yuan from the 1 trillion yuan special treasury bonds …

China Consumer Equipment Consumption Billion Yuan Ing

1 week ago

Rupee logs 9th straight week of losses, analysts expect more weakness

Live Mint

By Siddhi Nayak MUMBAI, Jan 3 - The Indian rupee ended at a record closing low on Friday, pressured by a decline in the Chinese yuan, and logged a ninth straight week of losses due to the relentless rise in the U.S. dollar. China's yuan slid past the key 7.3 threshold to a 14-month low against the dollar on Friday …

Rupee Dollar Logs 9Th

1 week, 1 day ago

Strong dollar keeps metals’ gains in check

Live Mint

By Violet Li and Mei Mei Chu SHANGHAI, Jan 3 - Most base metals edged up within tight ranges on Friday, influenced by mixed macroeconomic data from China and the United States, but gains were limited by a stronger U.S. dollar. The most-traded January copper contract on the Shanghai Futures Exchange dropped 0.3% to 73,070 yuan a ton. LME aluminium …

Yuan

1 week, 1 day ago

Rupee expected to weaken more in coming months

Live Mint

Mumbai: The rupee is expected to further weaken in the coming months as Trump’s presidency strengthens the dollar at least in the near-term, experts said, adding that the central bank's interventions in the currency market are likely to ease. “There is a pending depreciation pressure visible on the rupee and that is seen in the REER overvaluation of around 8%," …

Trump Indian Rbi Rupee Goenka Pasricha

Dollar eases in cautious start to 2025; yen lingers at five-month lows

Live Mint

By Ankur Banerjee SINGAPORE - The U.S. dollar wobbled at the start of 2025 trade on Thursday after a strong year of gain against most currencies, with the yen anchored near its lowest level in more than five months as investors ponder U.S. interest rates staying higher for longer. A wide interest rate difference between the U.S. and other economies …

Trump 2024 Dollar Traders

1 week, 2 days ago

PBOC Boosts Support for Yuan After Currency’s Year-End Tumble

Live Mint

-- China is keeping its hand firmly on the yuan, supporting the currency via the official daily reference rate after it slid to the weakest level since 2022 at year-end in offshore trading. China’s currency has come under pressure in recent months amid persistent concern about the country’s growth and escalating trade tensions with the US as President-elect Donald Trump …

China Chinese Yuan Bloomberg

1 week, 2 days ago

China’s box office plummeted in an economic slump, in sharp contrast to a long-held theory

CNN

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Last year, China’s box office receipts plummeted by 23%, compared to 2023, to just 42.5 billion yuan, according to China Film News, an official newspaper under the China Film Administration, citing official numbers …

China Office Economic Movie Official According Shanghai

1 week, 2 days ago

How China box office losing $1.64 billion in revenue due to historic industry downturn can dash Bollywood's 2025 hopes

Hindustan Times

2024 may have been a year of revival for most language film industries in India, but across the border in China, the box office returns did not paint that pretty a picture. Reuters reported that as per official data, China's 2024 box office revenue slumped by almost a quarter from the previous year, dealing a blow to a limping domestic …

Film China Indian Office Indian Films Films 2024

1 week, 3 days ago

PBOC Steps Up Liquidity Injection With Fresh Tools At Year-End

Live Mint

-- China’s central bank injected 1.7 trillion yuan of cash in December, dialing up liquidity support for the economy and financial markets at year-end. The People’s Bank of China conducted 1.4 trillion yuan in outright reverse repurchase agreements using three- and six-month contracts, aiming to maintain sufficient liquidity in the banking system, it said in a statement Tuesday. The increased …

China Bank Liquidity Month Yuan Pboc Steps

1 week, 4 days ago

Asian currencies end dismal 2024 on shaky footing

Live Mint

* South Korean won posts worst year since 2008 * Malaysian ringgit eyes best year in 7 years * Taiwan stocks set to post best year since 2009 By John Biju Dec 31 - Most Asian currencies were largely muted on the last trading day of a torrid 2024 year, as the threat of U.S. tariffs and a strong dollar …

Taiwan South Korean

1 week, 4 days ago

Bolstering stability and demand of yuan stressed

China Daily

China to increase the intensity of monetary policy easing, expert says China's monetary policymakers are expected to prioritize bolstering domestic demand while strengthening expectation guidance to prevent any sharp yuan depreciation in the coming year, economists and policy experts said. Luo Zhiheng, chief economist at Yuekai Securities, said he anticipates China to increase the intensity of monetary policy easing in …

Policy China Bank Central Rate Yuan Exchange

每日一词 | 第五次全国经济普查 fifth national economic census

Top News

1 week, 4 days ago

每日一词 | 第五次全国经济普查 fifth national economic census

China Daily

2024年12月26日，第五次全国经济普查主要数据正式对外公布。普查结果显示，2023年国内生产总值已经接近130万亿元，经济总量稳居世界第二，五年来我国对世界经济增长的贡献率平均在30%左右，是全球经济发展的最大增长源。 China published the results of its fifth national economic census on December 26, 2024. China's gross domestic product in 2023 reached nearly 130 trillion yuan according to the census results. As the world's second-largest economy, the country's average contribution to global economic growth has remained around 30 percent for the past five years, making it the largest driving force …

China Economic Growth

Top News

1 week, 4 days ago

每日一词 | 第五次全国经济普查 fifth national economic census

China Daily

2024年12月26日，第五次全国经济普查主要数据正式对外公布。普查结果显示，2023年国内生产总值已经接近130万亿元，经济总量稳居世界第二，五年来我国对世界经济增长的贡献率平均在30%左右，是全球经济发展的最大增长源。 China published the results of its fifth national economic census on December 26, 2024. China's gross domestic product in 2023 reached nearly 130 trillion yuan according to the census results. As the world's second-largest economy, the country's average contribution to global economic growth has remained around 30 percent for the past five years, making it the largest driving force …

China

Pop culture breathes new life into offline biz

China Daily

In excess of 10,000 guzi stores set up in China market between Jan-Nov Over the past year, you might have wandered into a mall adorned with vibrant anime posters, stumbled upon stores packed with game figurines, or spotted products co-branded with virtual-world characters. At the heart of this growing phenomenon lies the buzzworthy "guzi economy", which is transforming retail and …

Billion Yuan Guzi

Policies expected to focus on bolstering demand, stability of yuan

Top News

1 week, 4 days ago

Policies expected to focus on bolstering demand, stability of yuan

China Daily

By ZHOU LANXU and WANG KEJU | China Daily | Updated: 2024-12-31 07:08 Headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China. China's monetary policymakers are expected to prioritize bolstering domestic demand while strengthening expectation guidance to prevent any sharp yuan depreciation in the coming year, economists and policy experts said. Luo Zhiheng, chief …

Policy China Bank Central Rate Yuan Exchange

Policies expected to focus on bolstering demand, stability of yuan

China Daily

Headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China. China's monetary policymakers are expected to prioritize bolstering domestic demand while strengthening expectation guidance to prevent any sharp yuan depreciation in the coming year, economists and policy experts said. Luo Zhiheng, chief economist at Yuekai Securities, said in an interview with China Daily that he …

Policy China Bank Central Rate Yuan Exchange

Top News

1 week, 4 days ago

每日一词 | 第五次全国经济普查 fifth national economic census

China Daily

2024年12月26日，第五次全国经济普查主要数据正式对外公布。普查结果显示，2023年国内生产总值已经接近130万亿元，经济总量稳居世界第二，五年来我国对世界经济增长的贡献率平均在30%左右，是全球经济发展的最大增长源。 China published the results of its fifth national economic census on December 26, 2024. China's gross domestic product in 2023 reached nearly 130 trillion yuan according to the census results. As the world's second-largest economy, the country's average contribution to global economic growth has remained around 30 percent for the past five years, making it the largest driving force …

China National Economic 第五次全国经济普查 Fifth

1 week, 4 days ago

Chinadaily.com.cn

China Daily

Turbine installation vessel delivered A China-built wind turbine installation vessel, believed to be the most advanced in China, has been delivered in Yantai, East China's Shandong province, its producer China International Marine Containers Co Ltd said. Yuan strengthens against greenback The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 4 pips to 7.1889 against the US …

China

1 week, 4 days ago

Hechi tourism wins intl fame with ethnic culture

China Daily

In 2024, Hechi has made a name for itself both at home and abroad with its unique ethnic culture and tourist attractions. The city has strategically focused on the development of cultural and tourism projects, attracting investment, enterprise growth, and brand building, achieving impressive results. During the May Day holiday, the city received a total of 2 million tourists, an …

Tourism Hechi

1 week, 4 days ago

CHINADAILY EPAPER

China Daily

Family members of passengers who died in Sunday's Jeju Air crash gaze at the wreckage of the plane at Muan International Airport in South Korea on Monday. YONHAP NEWS AGENCY See story, page 15 Xi hails Carter's contribution to promoting ties President Xi Jinping sent a message of condolence to United States President Joe Biden on Monday over the passing …

China Chinese Carter

Filters

Articles for Yuan

China's viral wild boar hunters attract fame and concern

Here are some of China’s New Year resolutions to boost its economy

Yuan eases to 16-month low, pressured by strong dollar

Rupee to face pressure as upbeat US data reignites dollar uptrend

China counts on microwaves, rice cookers to revive economic growth

Rupee logs 9th straight week of losses, analysts expect more weakness

Strong dollar keeps metals’ gains in check

Rupee expected to weaken more in coming months

Dollar eases in cautious start to 2025; yen lingers at five-month lows

PBOC Boosts Support for Yuan After Currency’s Year-End Tumble

China’s box office plummeted in an economic slump, in sharp contrast to a long-held theory

How China box office losing $1.64 billion in revenue due to historic industry downturn can dash Bollywood's 2025 hopes

PBOC Steps Up Liquidity Injection With Fresh Tools At Year-End

Asian currencies end dismal 2024 on shaky footing

Bolstering stability and demand of yuan stressed

每日一词 | 第五次全国经济普查 fifth national economic census

每日一词 | 第五次全国经济普查 fifth national economic census

Pop culture breathes new life into offline biz

Policies expected to focus on bolstering demand, stability of yuan

Policies expected to focus on bolstering demand, stability of yuan

每日一词 | 第五次全国经济普查 fifth national economic census

Chinadaily.com.cn

Hechi tourism wins intl fame with ethnic culture

CHINADAILY EPAPER