Business China’s Currency Weakens in a Potential Challenge to Trump 10:00pm, 4th August, 2019 The renminbi fell past the key point of 7 to the U.S. dollar, in a signal that Beijing may be willing to use devaluation as a trade war weapon.
Business How China’s Currency Could Help It Weather a Trade War, at a Cost 5:22am, 24th July, 2018 The value of China’s renminbi has fallen over 7 percent since April. While weakening currencies can soften economic blows, they also come with risks.
Business Trump’s Trade Threats Hit China’s Stock Market and Currency 11:42am, 28th June, 2018 China’s stock market has fallen into a bear market and the currency is tumbling on worries about tariffs and China’s efforts to rein in domestic debt.
Business Turkey’s Currency Plunges, Potentially Threatening Erdogan’s Re-Election Bid 4:15pm, 23rd May, 2018 The president called early elections hoping to get out ahead of economic troubles, but the lira’s dive caught up with him before the June vote.