Tag: Chinas

China’s BYD to launch new premium electrical automotive model in 2023 By Reuters

© Reuters. FILE PHOTO: The brand of BYD is pictured on the 2022 Paris Auto Present in Paris, France October 17, 2022. REUTERS/Stephane Mahe SHANGHAI (Reuters) -Chinese language electrical car large BYD mentioned on...

Media reports of China’s new stealth lockdown approach covertly closing cities under Xi

Japan Times with a piece that fits with incremental reports being received out of China, where media is tightly controlled. Local officials, under pressure to implement Chinese President Xi Jinping’s strict “COVID zero”...

Brent Bid on Possible Reduction in China’s COVID Policies, API & FOMC

BRENT CRUDE OIL (LCOc1) TALKING POINTSUnverified change in Chinese policy lifts brent crude outlook.US stockpiles show marked decline.Emerging bullish crossover a precursor to higher prices? Trade Smarter - Sign up for the DailyFX Newsletter Receive...

China’s digital yuan stands out in cross-border pilot in a show of global ambition By Reuters

2/2 © Reuters. FILE PHOTO: People buy food at stalls promoting China's digital yuan, or e-CNY, during the 2022 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Tingshu...

China’s yuan briefly hits 1-1/2-week high then sinks into the red By Reuters

© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo/File Photo SHANGHAI (Reuters) - The yuan briefly touched a 1-1/2-week high against the dollar...

China’s yuan, in trade-weighted terms, has fallen to a one year low

China's yuan TWI has hit its lowest since October 15 2021 (info via a Reuters calculation on its value). The China Foreign Exchange Trade System (CFETS, a unit of the PBOC) manages the...

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