Press "Enter" to skip to content

Chinese yuan surged on expectation of China-US currency pact


Chinese currency yuan strengthened sharply on the expectations that China and the United States are likely to reach a currency pact as part of a small-scale trade deal.

The Trump administration is weighing the inclusion of an agreement on exchange rates in a “mini” trade deal. If successfully implemented, the deal itself could lead to the eventual suspension of the US' tariffs on Chinese imports, including the one scheduled to be imposed next week, reported Bloomberg . . .

To continue reading, please subscribe. You will get


  • IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
  • THE WIRE  - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
  • DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare. 


FREE TRIAL cancel anytime


We highly value independence. We are solely funded by subscriptions from intelligent readers like you. 

Already have an account? Sign In