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Page 16 - Maggie Wei News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Do Not Bet : China s Central Bank Warns Against Yuan Speculation – NBC Los Angeles

The People’s Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week.

Why China s Central Bank Is Shoring Up the Yuan

China’s central bank has sent a strong signal it wants to keep the Chinese yuan from weakening too quickly against the U.S. dollar, economists said.

China Slashes FX Deposit Requirement To Prop Up Yuan But Only Delays The Inevitable

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

China economy: Premier Li Keqiang announces another $210b of stimulus to bolster slumping growth

Premier Li Keqiang announced the latest measures to bolster slumping growth, but Goldman Sachs said the package was not enough.

China adds 1 trillion yuan more of stimulus to rescue g

The Asian super power has stepped up its economic stimulus with a further 1 trillion yuan (R2.466-trillion) of funding largely focused on infrastructure spending, support that likely won’t go far enough to counter the damage from repeated Covid lockdowns and a property market slump.

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