search
yuan
Trends
- 1PBOC expected to set yuan midpoint at 6.7085▼PBOC is expected to set the USD/CNY reference rate at 6.7085 – Reuters estimate
China's central bank is expected to set the US dollar/yuan daily reference rate at 6.7085, according to a Reuters estimate. The daily midpoint fixing from the People's Bank of China is closely watched by currency traders as a signal of official policy toward the renminbi, and any deviation from expectations can move Asian currency and equity markets.
- 2PBOC strengthens yuan fixing to 6.7399 against dollar▼PBOC sets USD/CNY reference rate at 6.7399 vs. 6.7489 previous
China's central bank set the yuan's daily reference rate at 6.7399 to the US dollar, a firmer fixing than the previous day's 6.7489. The daily fix from the People's Bank of China guides onshore trading and is closely watched by currency traders for signals on official policy toward the yuan.
- 3Melania Trump and Peng Liyuan Tour Smithsonian Asian Art Museum●First Lady Melania Trump and Madame Peng Liyuan Visit Smithsonian National Museum of Asian Art
First Lady Melania Trump and Madame Peng Liyuan, wife of China's leader, visited the Smithsonian National Museum of Asian Art in Washington, D.C. The joint visit by the two spouses was announced by the U.S. Embassy in China. The cultural outing is being noted as a gesture of goodwill and a symbolic moment in US-China relations, drawing attention to the museum's Asian art collections.
- 4Chinese-flagged vessel reportedly collides with cargo ship near Singapore●Collision reported near Singapore; key details remain unverified. The Chinese-flagged Luqing Yuanyu 108 reportedly colli
The Chinese-flagged Luqing Yuanyu 108 is reported to have collided with a cargo vessel near Singapore. The identity of the other ship, the timing and the exact location have not been independently confirmed, and it is not yet known whether anyone was injured. The Strait of Singapore is one of the world's busiest shipping lanes, so any collision there draws immediate attention from maritime authorities and the shipping industry.
- 5Peng Liyuan and Melania Trump opened a parallel diplomatic track▼How Peng Liyuan and Melania Trump opened a parallel track in US-China diplomacy
The wives of China's leader Xi Jinping and US President Donald Trump have, according to a South China Morning Post report, carved out a side channel in US-China diplomacy through their own contacts and public appearances. Spousal diplomacy is being discussed as a soft-power complement to formal talks between Washington and Beijing, adding a personal dimension to an otherwise tense bilateral relationship.
- 6Huilü Ecology to invest 309 million yuan in optical modules●China's Huilü Ecology to invest 309 million yuan in optical modules; Huadong Medicine's weight-loss drug clears Phase III
Chinese firm Huilü Ecology says it will invest 309 million yuan in optical modules, a move into the communications hardware sector. Separately, Huadong Medicine announced that its weight-loss drug has cleared Phase III clinical trials, bringing it a step closer to regulatory approval in China's fast-growing obesity treatment market.
- 7Life-size replica of Yuan dynasty Buddha of Medicine mural goes on show▼A life-size replica of the Yuan dynasty Buddha of Medicine mural is exhibited at the National Arts and Crafts Museum
A life-size replica of the Yuan dynasty Buddha of Medicine mural is now on display at the National Arts and Crafts Museum in Beijing. The original mural, a celebrated example of Yuan dynasty Buddhist art, depicts the Medicine Buddha surrounded by attendant figures. The exhibition gives visitors the chance to see the work at full scale, drawing attention to the preservation and study of ancient Chinese religious murals.