China's Yuan Slumps On Growth Worries - Marketwatch

China's yuan slumps on growth worriesMarketWatchChina's yuan fell to its weakest level against the dollar in more than two years on Friday, extending a decline driven by the prospect of a slowdown in the world's second-largest economy. Investors have been selling the yuan in recent months amid a flurry of ...and more »

BING NEWS:
  • China's top economic planner vows to ramp up measures to secure growth as Q1 result shines, despite West's 'Peak China' hype
    recording year-on-year growth of 5.3 percent, reaching 29.63 trillion yuan ($4.09 trillion), according to data released by the National Bureau of Statistics (NBS) on Tuesday, marking a good ...
    04/17/2024 - 11:16 am | View Link
  • Foreign banks raise China's 2024 GDP growth outlook after impressive Q1
    China's total merchandise trade expanded 5 percent year-on-year in yuan terms in the first quarter, setting new records in both scale and the pace of growth. Goldman Sachs and Citigroup recently ...
    04/17/2024 - 9:13 am | View Link
  • China's economy grew faster than expected in the March quarter
    BEIJING, April 16 (Reuters) - China's economy grew faster than expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try to shore up growth in the face ...
    04/15/2024 - 11:35 pm | View Link
  • China's Q1 GDP growth likely to slow, more stimulus on the cards
    The government has set a target of around 5% for this year, which has been described by most analysts as ambitious, partly because last year's growth rate ... at 3.9 trillion yuan ($538.79 billion ...
    04/14/2024 - 8:15 pm | View Link
  • Fitch cuts China’s ratings outlook on growth risks
    as lower nominal growth exacerbates challenges to managing high economy-wide leverage.” China plans to run a budget deficit of 3 per cent of economic output, down from a revised 3.8 per cent last year ...
    04/9/2024 - 10:03 pm | View Link
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