Monday, 6th February 2023
<To guardian.ng
Search

China’s yuan falls to lowest level in 11 years

By DW
01 September 2019   |   4:51 pm
The Chinese currency continues to slide as Beijing seeks to buffer against US tariffs. Global markets are rattled by an intensifying US-China trade war.

Related

21 Sep
Years of persecution have forced dozens of Chinese Christians to flee China in pursuit of refuge abroad. However, some of them say that threats from Beijing continue even though they're no longer in China.
24 Sep
US Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi met on the sidelines of the UN summit in New York.
28 Sep
The condition that home buyers across China has been so dire that, they started collective disobedience in June, threatening to halt mortgage payments if the construction did not resume. Till July, homebuyers in 80 Chinese cities had refused to pay their mortgages, affecting the future of over 200 projects.
29 Sep
There is a run on the pound and panic in the markets over the UK's biggest tax cut for the rich in half a century. New Prime minister Liz Truss taking the concept of 'going for broke' to a whole new level with an almighty gamble that the deficit will take care of itself once all the investment pours in.
30 Sep
The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The "unprecedented" support comes amid mounting criticism of the government's plan to slash taxes.
15 Oct
An index measuring China's semiconductor firms tumbled nearly 6%, and Shanghai's tech-focused board STAR Market declined 3.6%. The raft of measures could amount to the biggest shift in U.S. policy toward shipping technology to China since the 1990s.
12 Oct
Sitting outside her restaurant at the heart of Souq Waqif, Qatari woman Mariam Al Mansour proudly says that her traditional meals are among the most sought after by locals and foreigners alike.
16 Oct
Lebanon is in the midst of a currency crisis and has devalued its local currency. But implementing a new exchange rate policy is set to have catastrophic consequences on people's daily lives.
16 Oct
Joseph Wu, the current foreign affairs minister of Taiwan, was interviewed in Taipei by FRANCE 24’s Cyril Payen. In the context of Russia’s invasion of Ukraine, Taiwan fears a similar situation as China is determined to claim the island as part of its territory, like it did over a century ago.
20 Oct
After taking over their huge domestic market, Chinese e-vehicle manufacturers want to crash Europe. Can their wide range of electric cars make a breakthrough splash in Germany?
30 Oct
Currencies are depreciating around the world and wreaking havoc on economies. But as the strong US dollar hits foreign demand, some American businesses are also experiencing painful losses.
2 Nov
Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣