Category: Renminbi (Currency)

China’s Exports Soar, Putting Its Trade Surplus on Track for a Record

The New York Times – Business:
China’s exports grew last month at the fastest pace in almost any month since the end of the global financial crisis.
How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil

The New York Times – Business:
As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
War and Sanctions Accelerate China’s Currency Push

The New York Times – Business:
China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
I.M.F. Prods China, Gently, on Its Weak Currency

Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for relying too heavily on exports.
Despite Trump’s Tariffs, China’s Trade Surplus Climbs Past $1 Trillion for First Time

President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.
China’s Weak Currency Is Powering Its Exports and Drawing Criticism

China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
China’s Exports Unexpectedly Falter as Prices Keep Falling

Exports of cars, solar panels and batteries remain strong, but prices are falling because of factory overcapacity in China.
One of These BRICS Is Not Like the Others

President Trump’s attacks on the group of emerging economies, which includes Brazil, Russia and China, have put one member — India — in an uncomfortable spot.
Aiming at the Dollar, China Makes a Pitch for Its Currency

The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency

Confidence in the world’s reserve currency is in doubt, leaving an opening for alternatives like the euro. But it won’t be easy.
Why the Dollar Keeps Getting Stronger

President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed policies will have the opposite effect.
In a Malaysian Pop-Up City, Echoes of China’s Housing Crash

Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke.