China’s currency extended its upward momentum this week, touching a fresh multi year high against the US dollar as Beijing signaled increased tolerance for appreciation amid intensifying global dollar weakness. The onshore yuan strengthened following a sharp overnight selloff in the greenback, supported
Early Weakness Gives Way to Recovery Mainland Chinese equities ended the session higher after shaking off early losses, as investors reassessed the latest policy signals from the central bank. Trading opened cautiously, with markets initially drifting lower amid uncertainty over the direction of
Central bank signals confidence through stronger fixing China’s currency has received a notable boost after the central bank set the yuan’s daily reference rate at its strongest level in more than a year. The move reflects growing momentum in the currency, particularly in
Early weakness gives way to a measured recovery Mainland Chinese equities managed to recover from early losses on Thursday as investors reassessed policy signals from the country’s central bank. Markets opened cautiously, reflecting uncertainty over the outlook for monetary support, but sentiment gradually
China has strengthened its long-standing tough stance on cryptocurrencies, making it clear that the country will not loosen restrictions on virtual currencies anytime soon. At the Financial Street Forum in Beijing, Pan Gongsheng, governor of the People’s Bank of China, issued a strong
China’s economy expanded by 4.8% year on year in the third quarter of 2025, according to official data from the National Bureau of Statistics. The number appears stable and aligned with government targets, yet it conceals a deeper story of uneven recovery, weak
China’s financial markets are showing early signs of recovery after two turbulent years marked by slowing growth, property debt, and global economic uncertainty. The Shanghai Composite and Shenzhen Component indices have stabilized since the beginning of 2025, supported by targeted monetary easing and
