Chinese economy 2025
Yuan Hits 7.13 per Dollar, Gains Momentum
The Chinese currency, the renminbi (Yuan), gained further ground against the U.S. dollar on Thursday, strengthening by 29 pips to settle at 7.1385 at the central parity rate, according to data released by the China Foreign Exchange Trade System (CFETS). The move reflects a growing market confidence in China’s economic stability as well as ongoing […]
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China’s Exports Jump 12.4% Despite Rising US Tariff Tensions
In a surprising show of resilience amid escalating trade tensions, China’s export sector recorded a robust 12.4% year-on-year growth in March 2025, defying expectations and unsettling global market forecasts. This significant uptick, announced by China’s General Administration of Customs on Monday, underscores a strategic rush by Chinese exporters to beat looming tariff deadlines imposed by […]