Fed ex-chief Bernanke said on Monday that Trump calling China a currency manipulator doesn’t “fit with reality,” and warned about a trade war.
Donald Trump's decision to play hardball with China could backfire, the SMCP reports.
Instead, the policy for the Chinese yuan has been one of steady deprecation, says Binay Chandgothia at Principal Global Investors.
The World Economic Forum's (WEF) flagship annual report surveyed 750 experts to identify the most significant global concerns.
China's forex regulator is telling banks to keep its instructions about curbing capital outflows secret.
The next cue for China’s battered yuan may come from Trump’s press conference on Wednesday as the market seeks more clarity on trade policy.
Keeping China's yuan from falling much further will likely bedevil policymakers, Standard Chartered's head of FX research said on Monday.
China guided the yuan lower at its sharpest pace since June on Monday, partly reversing the currency's gains last week.
The PBOC has been very pragmatic when it comes to the yuan, says Frank Troise at Leonteq Securities.
Authorities have been taking steps in recent days to support the yuan, whose gyrations last year had unnerved global financial markets.
Dickie Wong at Kingston Securities weighs in on the latest moves in the Chinese yuan.
China's yuan climbed at its fastest pace against the greenback in a year in offshore trade Thursday, despite capital outflow concerns.
The PBOC wants yuan stability relative to the basket but a slightly weaker yuan relative to the dollar, says Eswar Prasad at Cornell University.
The value of the yuan will still depend rather significantly on the USD, says Haibin Zhu at J.P. Morgan.
The China Caixin manufacturing Purchasing Managers' Index climbed in December, marking its fastest rate of improvement in three years.
China should set a more flexible growth target to spur reform, a PBOC adviser told official news agency Xinhua in comments published Sunday.
Beijing's crackdown on capital flight could be about to extend to Singapore, the SMCP reports.
Asia markets struggled on Thursday closed mixed, with the Nikkei down more than 1 percent after Toshiba tumbled on credit downgrades.
Beijing has to decide between letting the yuan run its course and supporting its value, the SCMP reports.
Anecdotal evidence points to property curbs taking effect in the Chinese property markets, says Jonathan Pain, author of The Pain Report.